gautham

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Jun 16 2021

Money Creation and the Potential Impact on the Value of JAX Coins

Jun 16 2021 Published at Bitcoinist.com under tags  industry

At its core, inflation is caused by too much money in circulation compared to aggregate demand in any given economy. A rise in the amount of money in circulation is only necessary when there is an increase in productivity gains at par with the new amount injected into the economy. Similarly, the value of the fiat currency decreases if the aforementioned conditions are...

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