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Why would debtors in the countryside who owed people money want more silver to be coined and more dollars to be printed?

The debtors owed money so they need money to pay back the money they owed so they wanted more silver coined and money printed. The creditors were against this because it was their jobs to lend money and if money was just printed they would lost money and eventually their job.


What happens to the value of money when more is printed?

When more money is printed, the overall supply of money in the economy increases, which can lead to inflation. As more money circulates, its value diminishes because there are more currency units chasing the same amount of goods and services. Consequently, prices tend to rise, reducing the purchasing power of the currency. In extreme cases, excessive money printing can lead to hyperinflation, significantly undermining the value of money.


How does value of dollar changes?

the more of the money there is, the less of the value. the less of the money, the more of the value. for example, if the US government printed a LOT of money to fix the economy, the value of a dollar would be less because there are so much of it. hope that helps!


What happens to the economy when new money is printed by the government?

Exactly what is happening now. Contrary to belief money does not grow on trees. When they print a dollar to add to the economy it is now only worth 50 cents. It hurts the economy more than it helps.


Why cant the government print out more money?

The previous answer, while thorough, was a complete and utter lie and made no sense at all. If the government prints more money, then prices will go up, and so no problems would be solved. Think of it this way. If you and a storekeeper are the only two people in a country, and you each have $10, you might pay your $10 for some food. If the government printed more money and then you both had $20, now the storekeeper would want $20 for that same food. It's the same thing in real life, but with more people.

Related Questions

Who is being taxed when more money is printed?

When more money is printed, everyone who uses that currency is indirectly taxed through inflation, as the value of their money decreases.


Is money that was printed incorrectly worth money?

Yes, actually in most cases it's worth more than correctly printed money.


Why would debtors in the countryside who owed people money want more silver to be coined and more dollars to be printed?

The debtors owed money so they need money to pay back the money they owed so they wanted more silver coined and money printed. The creditors were against this because it was their jobs to lend money and if money was just printed they would lost money and eventually their job.


When America needed to pay its soldiers they printed more and more money which led to?

Inflation


What was the value of southern money after the civil war?

No more than the paper its printed on.


When the German government printed more money in the German economy in the 1920's what happened?

the value of that money fell.


Where did Hitler get the funding to create such a campaign?

He printed more money. (wich caused hyperinflation.)


What happens when the government borrows a lot of money?

whenever more money is printed.. the dollar value becomes less.. simple as that.


Where can someone get more infos about Sami hotels?

Many travel agency websites offer information on a multitude of hotels. Any agency could find information about Sami hotels and provide it to you at request.


What is the average income for a property and casualty insurance agent?

More money than can be printed on earth


Is a nickel crossprinted with a dime worth money?

Pleas be more specific. Coins are not printed they are struck.


Where can I get the form to request a credit report?

Each credit reporting agency has their own form to request a credit report which you can find on their website. Each person is entitled to at least 1 free credit report per year per agency with some states allowing more. The Federal Trade Commission offers free forms to request a credit report.