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RE: Why does a bill (money) really have value when they are all printed on the same paper?

in #money6 years ago

Yes, every country can print as much money as they want. However, printing too much money creates inflation, making savings in that currency lose value and buying another currency more expensive.

I think the currency more protected against that effect is the euro, because many countries must agree to print more money so it is less likely that euro will lose value.

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