Homework answers / question archive / Considering that the Philippine peso merely fiat money, and considering that we are affected by  the global economic crisis brought about by COVID-19 pandemic, why can't the Philippine Government just print more money through the Bangko Sentral ng Pilipinas so Filipinos could increase their wealth? (20 points) How to answer this question: 1

Considering that the Philippine peso merely fiat money, and considering that we are affected by  the global economic crisis brought about by COVID-19 pandemic, why can't the Philippine Government just print more money through the Bangko Sentral ng Pilipinas so Filipinos could increase their wealth? (20 points) How to answer this question: 1

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Considering that the Philippine peso merely fiat money, and considering that we are affected by  the global economic crisis brought about by COVID-19 pandemic, why can't the Philippine Government just print more money through the Bangko Sentral ng Pilipinas so Filipinos could increase their wealth? (20 points)

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