Questions

A book has a spine to hold all the pages, but it has no bones.

Creditors and debtors:

During inflation creditors lose because they receive in effect less in goods and services than if they had received the repayments during a period of low prices. Debtors, on other hand, as a group gain during inflation, since they repay their debts in currency that has lost its value.The aggregate volume of internal trade tends to increase during inflation due to higher incomes, greater production and larger spending. But the export trade is likely to suffer on account of arise in the prices of domestic goods.

The same currency unit will now buy less goods and services.But the bondholders lose as they get a fixed interest the real value of which has already fallen.

The Farmers Alliance was an organized agrarian economic movement among American farmers that developed and flourished in 1875.

One of the goals of the organization was to end the adverse effects of the crop-lien system on farmers in the period following the American Civil War.

The Farmer's Alliance moved into politics in the early 1890s under the banner of the People's Party, commonly known as the "Populists."