PAKISTAN HAD 14 BILLION NOTES IN UNITED PAKISTAN.AFTER BANGLADESH GOT SEPARATED IN 1972,THE CURRENCY SHOULD HAVE BEEN REDUCED TO 9 BILLION TO KEEP PRICE STABLE.HOWEVER NOT ONLY 14 BILLION WAS RETAINED BUT ADDITIONAL 8 BILLION WAS ADDED IN 1973 AND 1974. BY 1976 THEIR WAS 150%. THE INCREASE IN CURRENCY HAS CONTINUED AND HAVE REACHED 1,800 BILLION. NO WONDER PRICES HAVE INCREASED MANY FOLD FOR ALL GOODS AND SERVICES. RELATIONSHIP OF MONEY SUPPLY AND INFLATION IS DISCUSSED IN THIS SHOW.
Visibility: 52
Duration: 19m 53s
Rating: 2