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Is this a conceptual possible reality or current commentary?
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Almost immediately after their issuance, Continental dollars began to depreciate rapidly.
A little bit of both. ⚡
pull down to refresh
Is this a conceptual possible reality or current commentary?
👊🏼
Almost immediately after their issuance, Continental dollars began to depreciate rapidly.
A little bit of both. ⚡
Suppose your paycheck arrives and you think you have all the bases covered but suddenly your currency depreciates to a level which makes you feel that it was nothing more than a few bucks. You can only hardly buy food for your family, but to worsen your plight government raises taxes in order to compete inflation but in reality to fund a war.
Wtf!