PRINCESSMAYMARCELOIN PRINCESSMAYMARCELOIN

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if the bangko sentral ng pilipinas has the exclusive power and authority to issue coins and notes for circulation in the philippines, why then is it not possible for them to print more money to pay for all loans of the state.

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CZRNMAEIN CZRNMAEIN

Answer

It is not possible because the money will lost its power, we can result to hyperinflation which will result in shortage of supply. The value of our money will become worthless like the fiat money during japanese era here. Our economy will be damaged.

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