Since they cannot treat the economy with Ritalin, they affect changes through the interest rate, to keep the value of the dollar relatively steady, and avoid the price increases of more than 50% per month experienced in certian parts of the world.
Excepting the Civil War, The Federal Reserve Board has prevented this condition from ever occurring in America. Since they cannot treat the economy with Ritalin, they affect changes through the interest rate, to keep the value of the dollar relatively steady, and avoid the price increases of more than 50% per month experienced in certian parts of the world. FTP name this condition, most vividly illustrated by the devaluation of Confederate currancy during the Civil War.
Excepting the Civil War, The Federal Reserve Board has prevented this condition from ever occurring in America.
{Hyper-Inflation} (Prompt on inflation)