Why Did Farmers Think An Increased Money Supply Would Help Solve Their Economic Problems?


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An increased money supply would enable farmers to use state of the art technology for their endeavors. Be it livestock or crops; technological advancement, things as simple as manure and pesticides cost money. They also need to buy disease resistant seeds and find means for increasing the per hectare yield. All these activities require a lot of monetary input and without proper nurturing their problems would be compounded which as a result would affect the food production and create shortages in the market. Therefore, an increased money supply would solve their economic problems.

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