Public Administration student at IIUI with a passion for gov't, policies, and investment. I’ve experience in Etsy, eBay, and buying and selling of crypto/shares
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The key impact of printing money without proper backing in *Inflation*. This is a well-established economic principle:
When a government or central bank prints more money without a corresponding increase in economic output, it leads to a devaluation of the currency and a rise in prices across the economy.
The reason is simple - If the money supply increases but the supply of goods and services remains the same, consumer will have more money chasing the same amount of products. This increased demand without a supply increase causes prices to rise.
Unchecked money printing erodes the purchasing power of currency, as consumers find their hard-earned money buys less and less. This place a strain on household budgets and standard of living.
While there maybe short-term stimulative effects, printing money is not a sustainable solution to economic problems. Fundamental changes to *productivity*, *trade*, and *fiscal policy* are required to address deeper economic challenges. #EconomicAlert #economics #MicroStrategy #BinanceLaunchpool $BTC $SOL $BNB
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