When Fiat Currency Stops Being Money
Dec 4th 2021 4:30pm EST
When Fiat Currency Stops Being Money Authored by Daniel Lacalle via The Mises Institute, Most emerging and developed market currencies have devalued significantly relative to the United States dollar in 2021 despite the Federal Reserve’s aggressive monetary policy. Furthermore, emerging economies that have benefitted from rising commodity prices have also seen their currencies weaken despite strong exports. As […]
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