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If the entity responsible for printing a currency promotes excessive money printing, with other factors contributing a reinforcing effect, hyperinflation usually continues. Hyperinflation is generally associated with paper money, which can easily be used to increase the money supply: add more zeros to the plates and print, or even stamp old ...
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Computers could not handle the amount of zeros such that other forms of money had to be used to act as normal money (bearer's cheques). Banks had to input a lesser amount on the deposit or withdrawal slip then would put a covering statement, such as "multiply by 1 000 000 or add 10 zeros to your amount to get the real value". The same was true ...
Quantitative easing has been nicknamed "money printing" by some members of the media, [164] [165] [166] central bankers, [167] and financial analysts. [168] [169] However, QE is a very different form of money creation than it is commonly understood when talking about "money printing" (otherwise called monetary financing or debt monetization).
The amount of money printing is really extraordinary: Strategist. June 4, 2020 at 12:55 PM ...
And now, the author is extending his critical perspective to the very concept of money itself, with a particular emphasis on the U.S. dollar. ... We just can't keep printing more money to pay it ...
A more sophisticated version of this second hypothesis was that, as inflation rises, banking intermediation shrinks and credit becomes more scarce. [2] In Argentina, the effect is known as the Olivera-Tanzi effect in recognition of Julio Olivera [ es ] , who noticed the association between the fall in tax revenue and high inflation.
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