State-issued paper money helped debtors by becoming worth less over time.

Question

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State-issued paper money, or fiat money, is not backed by a commodity such as gold or silver, and its value is determined by supply and demand. As the supply of paper money increases, its value decreases, resulting in inflation. This means that debtors who owe a fixed amount of money are able to repay their debts more easily with money that is worth less over time. This can be beneficial for individuals who are struggling with debt, but it can also have negative effects on the overall economy.

State-Issued Paper Money Helped Debtors by Becoming Worth Less Over