Currency Inflation or Currency Printing or Credit Expansion (Loan Growth) Explained
www.thenationoftenrivers.com
Suppose in a country of 1000 people there are 1000 currency notes in circulation, each with a face value of 1. The total production of the country is 1000 units of articles, each priced Rs 1. Different people produce these articles and then exchange them with each other using currency notes as medium of exchange.
Currency Inflation or Currency Printing or Credit Expansion (Loan Growth) Explained
Currency Inflation or Currency Printing or…
Currency Inflation or Currency Printing or Credit Expansion (Loan Growth) Explained
Suppose in a country of 1000 people there are 1000 currency notes in circulation, each with a face value of 1. The total production of the country is 1000 units of articles, each priced Rs 1. Different people produce these articles and then exchange them with each other using currency notes as medium of exchange.