Suppose the exchange rate is 3 and china triples its fiat
Suppose the exchange rate is 3 and China triples its fiat money stock, whereas. Japan prints no new money. How many goods will China gain in seigniorage? What fraction of this seigniorage comes from Japanese citizens?
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suppose the exchange rate is 3 and china triples its fiat money stock whereas japan prints no new money how many goods
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