Discuss the effect of Debasing imperial coinage in stabilizing the economic situation and creating inflation
Discuss the effect of Debasing imperial coinage in each of the following
. reassuring people that the government had sufficient money to maintain peace.
. stabilizing the economic situation, because there was more money to go around.
. creating inflation, because merchants raised prices to make up for the coins’ lower value.
. lowering prices, because people could now afford to buy more goods.