What is it called when people have too much money and there is a danger of inflation

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Social Studies

Mayra Wiley

14 February, 19:14

What is it called when people have too much money and there is a danger of inflation

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Avery Mercado · Answer 1

People having too much money is caused by printing or producing too much money. Printing too much money can cause inflation, which means the value or price of goods and services increases in general. The value of money declines and so is the economic growth of a country.