3 ms·
Inflation means more money chasing the same amount of goods and services. How will default cause massive inflation? Will the amount of money in circulation incr
by dh2022 6mo ago
Inflation means more money chasing the same amount of goods and services. How will default cause massive inflation? Will the amount of money in circulation increase?
- bryanlarsen 6mo agoDefault makes dollars roughly worthless, so you need a lot more of them to buy anything.