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To pay for the war, the Congress and the states printed hundreds of millions of dollars worth of paper money. These bills quickly lost their value, however, because the amount of bills in circulation grew faster than the supply of gold and silver backing them up. Which led to inflation, which means it took more and more money to buy the same amount of goods.
What else can I help you with?
How did financing the war lead to inflation?
What war?
How did the government combine finacing the war with currency reform?
i dont freaking noe... i dont freaking noe...
How did financing the war lead to inflation for the Americans?
It lead to inflation for the Americans because, as their army grew, they needed more supplies for the soldiers, and the price on weapons went up. You could say there was a tax put on the weapons.
How did World War 1 reparations lead to inflation and instability in the German government?
A German guy asassinated another German person which became a spark of the war.
Why was there a inflation during the Revolutionary War?
During the revolution, the U.S. started printing lots of money to pay for the war, since the federal government couldn't levy taxes due to the laws laid out by the Articles of Confederation. Lots of available money leads to inflation.
Why were the Germans punished after WW1?
They were blamed for starting the war and all the damaged that happened in the war. The treaty of Versailles ordered to pay for all the damages, which lead to Germany going into Hyper Inflation
What is 6 percent finacing cost on 464.99?
7749,8333
What education needed to do finacing?
you have to have a good education and a good degree
Will inflation lead to change in demand?
Will inflation lead to change in demand? Inflation is defined as the rise of prices in goods and services in a society. Therefore inflation and demand are strongly depended on each other. Supposedly the inflation grows over a period of time, the demands would effect the different levels in society by a equivalent decrease and vice versa.
what are the causes of running inflation?
Demand Pull Inflation , where demand increased from supply
Can inflation and employment happen at the same time?
A rise in unemployment will lead to a fall in inflation...this is best explained by the philips curve
Was inflation a big problem during the revolutionary war?
Inflation was a big problem for Americans during the Revolution
