In countries with hyperinflation, the government prints money and uses it to pay government workers. How is

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In countries with hyperinflation, the government prints money and uses it to pay government workers. How is this similar to counterfeiting? How is it different?

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:55 AM

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In countries with hyperinflation, the government prints money and uses it to pay government workers. How is

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It is similar because both actions increase the money supply and thus cause hype...View the full answer

Modern Principles of Economics

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