February 15, 2010

Currency: A country's actual money circulation-it's paperbills and coins. The first paper money was said to have been printed in China.



Finite: "limited"



Greenbacks: Paper money.



Inflation: when prices rise and a demand for goods rises.



Deflation: when prices lower and the demand for goods drop.



Demand: Example: When theres no demand for goods.



Surplus: Something that remains above what is used or needed.



Interest: The cost of borrowing money.



Debtor Classes: People who have borrowed money. A want for goods.



Populists: A member of the peoples party.

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