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What is the result when a government prints paper money without gold to back it up?
Wiki User
∙ 7y ago
When the government prints paper money without the gold to back it up, the result is inflation.
Wiki User
∙ 7y ago
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What was the most important result of the Land Ordinance of 1785?
The national government was able to raise money as it sold land in the area.
Which government agency prints money in the US?
The United States Mint prints our US dollars. The Federal Reserve bank supposedly backs all of the dollars that the US Mint Prints. Their are two mints in the US and each bill and coin has marked on it the mint it originated from. The mints are located in Denver, Colorado and Philadelphia, Pennsylvania A coin minted in Philadelphia will have a "P" on it and one minted in Denver will have a "D".
Why did the inability of the government to raise taxes lead to the collapse of the articles of confederation?
Since taxes could only be collected if the states willing gave money to the federal government, many state simply chose not to give sufficient moneys to the federal government. Without money to function, the federal government could not effectively coordinate policies within the United States.
Who received an apology and money from the federal government as a result of their internment during world war 2?
Japanese Americans living in the U.S. and Hawaii.
Where does the government get money and what is this money used for?
The government gets money in several ways:Taxation, both indirect and direct.Borrowing, in the form of selling bondsSelling goods and servicesPrinting and minting bills and coins.Corporate money both foreign and domestic rule our government! Write or email your Congressperson and Senator. Ask them to right this travesty of government. Tell them if they don't it can only be because they profit to much from it!
What the result when a government prints paper money without gold to back it up?
When the government prints paper money without the gold to back it up, the result is inflation.
When the government prints paper money without gold to back it up what's the results?
When the government prints paper money without the gold to back it up, the result is inflation.
When a government prints paper money without gold to back it upit results in what?
When a government prints paper money without anything to back it up, inflation results. The money becomes worthless.
In order to finance a war the government prints a great deal of paper money What is the result?
inflation
Where does government get its money from?
It prints it!
In order to finance a war the government prints a great deal?
In order to finance a war, the government prints a great deal of money without gold to back it up. This will eventually lead to hyperinflation.
Who prints money from the the 3 government branches?
The Treasury Department prints money. It is part of the Executive Branch.
When a government prints paper money without gold to back it up, _______ results?
The money is no good. It is just paper. Money needs to have a solid value behind it.
Why does prices rise when the government prints too much money?
If the government prints too much money and inflation gets out of hand, investors will not trust the government and it will be hard for the government to borrow anything at all.
What branch of government prints coin money?
The Legislative Branch.
Which government body prints money?
fedora reserve system
Can a single bank create money?
Banks do not create money. They store it. The government prints money.
