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Why do farmers like inflation?

Updated: 11/18/2022
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12y ago

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be paitence and grow the crop as usal bcoz India is the main exporter country in exporting the cereals paddy etc.....

Now the population are icreasing day by day ......... if farmer are make mind to drop the plan then they inflation remain same ......

to drop the plan is not a solution to solve the problem of inflation //////

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12y ago
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Q: Why do farmers like inflation?
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What were the farmers and populist party in favor of?

inflation


Why did farmers pushed for currency reform?

They hoped to cause inflation.


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They hoped to cause inflation.


Why did farmers want inflation?

Inflation would help pay off loans Inflation would help pay off loans


How could inflation be good for farmers when it made dollars worth less?

Inflation is good for farmers because they will be able to raise their prices high due to the scarcity of what they sale. Almost in an auction sort of way to see who will buy their crops.


How does inflation affect farmers?

Effects of inflation on Farmers:The price of farm products goes up faster than costs. Costs lag behind prices of product received by the farmers. It has been observed in India that inflationary tendencies during war and post-war periods have helped farmers in paying off their old debts. Moreover, farmers are generally debtors and have to pay less in real terms, while the land revenue, taxes, etc., do not rise much. Thus farmers generally gain during the periods of inflation.


Why was Currency reform was an important issue to agrarian activists?

they thought inflation would help them out of debt. many farmers were caught in a cycle of constant debt.


What is the value of a thousand dollars in 1899 worth today?

Because of inflation it would be worth about $25853.94 but this is only an estimate inflation rates for decades were based on what farmers were payed which could fluctuate for a number of reasons.


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silver coinage induced inflation which was beneficial to the farmers because it allowed farmers to pay loans of quicker and loans themselves were easier to acquire with the larger supply of money.


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