He ended up tripling his money as a result of the acquisition, but he notes he only made money out of sheer luck. However, in his early years, he too was met with failures: "it didn't take me long to lose money in the markets and learn about how ...
Question: Fiat Money?
Does issuing fiat money lead to inflation?
Best answer:
Answer by Michael T
Not necessarily. But it doesn't prevent inflation either, so fiat money and an undisciplined fiscal policy can lead to inflation.
There are good things about fiat money. In particular it makes it easier to stimulate the economy or to curb inflation during a boom. But the discipline has to be there or else you're just printing money to pay off debts.
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Question: Fiat Money?
Does issuing fiat money lead to inflation?
Best answer:
Answer by Michael T
Not necessarily. But it doesn't prevent inflation either, so fiat money and an undisciplined fiscal policy can lead to inflation.
There are good things about fiat money. In particular it makes it easier to stimulate the economy or to curb inflation during a boom. But the discipline has to be there or else you're just printing money to pay off debts.
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Visit Website: 1000 Paleo Recipes - Earn Up To /sale - High Conversions!
