Effect of Printing Money on the Economy

Effect of Printing Money on the Economy

Both economists and the general public are concerned with the printing of money. It automatically brings to mind hyperinflation in Weimar Germany in 1923 and, more recently, Zimbabwe. When a government prints currency more than economic production grows, the value of money decreases, resulting in inflation. When governments are unable to fund … Read more

What Was Life In China During The 80s?

Shanghai skyline from the bund

China is the third-largest country in the world by landarea, spanning roughly 9.6 million square kilometers. It is also the most populous country in the world, with records showing around 1.428 billion people in 2017. The vast land has several divisions, regions, municipalities, and provinces, which are all ruled under the same … Read more