Authority Token

To keep high inflation from eroding the value of money, monetary authorities in the United States:?
To keep high inflation from eroding the value of money, monetary authorities in the United States:
A. Create token money that is less than its intrinsic value
B. Make paper money legal tender for the payment of debt
C. Establish insurance on checkable deposit accounts
D. Control the supply of money in the economy
The monetary authorities monitor the money supply very closely and have a firm control on the money supply (as they are the only ones who can print or money). Thus they D) control the money supply, and inflation is too high they can always destroy or retract money, or just reduce the rate that money is being printed.
Mta, New york City Transit wants to layoff 600 token booth clerks.