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What Gives a Dollar Bill Its Value?
What Gives a Dollar Bill Its Value?
Nov 13, 2024 11:42 PM

What gives a dollar bill its value? Mostly that determination is based on how much—or how little—currency is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson provides a brief explanation of how the United States Federal Reserve attempts to balance the value of the dollar to prevent inflation or deflation.

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