What is money? And why do they lose their value every year?
|
What is money? And why do they lose their value every year?
Inflation
Not all money loses value, I have some silver dollars from the 1800's that gain in value each year.
My Chinese money, while not a large gain, gained in value, as compared to the USD, for the past two years.
And loses value, compared to what?
| All times are GMT -7. The time now is 05:14 AM. |