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2 June, 08:28

What is likely to happen to the economy when there's too much money or credit circulating?

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  1. 2 June, 09:45
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    It depends on HOW much money is circulating. If governments just print money with nothing to back it, hyperinflation occurs. If there's a bit too much money and credit, inflation happens. Generally, 3% inflation is considered normal and a healthy amount by economists.
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