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Chapter 632: Military Scrip 1
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... “The money becomes less valuable. This phenomenon, we can call it inflation. The term ‘currency’ in this context refers to the money that serves as a medium of exchange in socioeconomic activities. As the name suggests, it has expanded like a bubble, but its quality…that is, the corresponding material wealth in society…has not increased.”
“And conversely, suppose the Lord of Light performed another miracle and reduced the number of gold coins in human society to five. In that case, each ...
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