Mathematics, 23.07.2019 07:10 25linm

As king of medivalia, you are constantly strapped for funds to pay your army. your chief economic wizard suggests the following plan: "when you collect your tax payments, insist on being paid in gold coins. take these gold coins, melt them down, and remint them with an extra 10 percent of brass thrown in. you will then have 10 percent more money than you started with." what do you think of the plan? do you see any problems with it?
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As king of medivalia, you are constantly strapped for funds to pay your army. your chief economic wi...