• LufyCZ@lemmy.world
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      1 year ago

      Printing money is like borrowing it from the taxpayers.

      If there’s hyperinflation, it means that said loan isn’t being paid back, far from it actually.

        • LufyCZ@lemmy.world
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          1 year ago

          Of course it wouldn’t be there, I’m not saying that the government spending money at all is bad.

          What is bad is the government spending too much money, so much that they introduce way too much money into the economy, making the rest worthless.

          Obviously it’s a combination of factors, but printing (and then introducing) a shitton of money will have very direct effects on the value of the currency.