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Цаасан мөнгө ба алтан баталгаа.

Authors :
Батмэнд, Рэнцэнгийн
Даш-Ёндон, Бүдрагчаагийн
Source :
Studia Philosophiae Et Juris; Dec2023, Vol. 38, p183-192, 10p
Publication Year :
2023

Abstract

In this paper, we explain that paper money is a means of collecting government taxes and creating a budget, and since companies and individuals pay taxes on their labor income, they use it to buy labor, goods, and services. A large percentage of taxes are levied on the salaries and profits of individuals and companies, which always leads to a shortage of money. Therefore, most of the population is made up of poor and low-income citizens. Since paper money has no value, merchants raise the prices of goods and commodities for super profits, and by increasing the value of paper money, they stimulate today's inflation and open a great opportunity for the government to pay off its debts. Another problem is that the US dollar becomes an international reserve currency that is used to control one country's international trade, to devalue some countries' national currencies and thus to pressure and destroy their economies. [ABSTRACT FROM AUTHOR]

Details

Language :
Mongolian
ISSN :
22276440
Volume :
38
Database :
Complementary Index
Journal :
Studia Philosophiae Et Juris
Publication Type :
Academic Journal
Accession number :
176644403
Full Text :
https://doi.org/10.5564/spej.v38i1.3172