Question: 1. If I get more money, does that typically make me richer? If society gets more money, does it make society richer? 2. Whats the

1. If I get more money, does that typically make me richer? If society gets more money, does it make society richer?

2. What’s the contradiction? Why is it so painful to get rid of inflation?

3.Why can’t the government just stop printing so much money?

4.Who gets hurt most in the following cases: banks, mortgage holders (i.e., homeowners), or neither?

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1 If an individual gets more money the person will be richer provided that the currency retains its value and purchasing power However society does no... View full answer

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