When prices started doubling (see News, p. 329), why didnt the Continental Congress print even more money
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When prices started doubling (see News, p. 329), why didn’t the Continental Congress print even more money so Washington’s army could continue to buy supplies? What brings an end to such “inflation financing”?
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The flood of paper money inundated product markets Commodity prices do...View the full answer
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Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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