No it’s just more complicated than just print more.
Effectively the monetary supply is limited by the productive capacity/economic output of the country. If the nation or system doesn’t have enough output to cover new currency, it causes inflation as effectly 2 dollars are being used to represent the value of 1 dollar of work.
It’s basically what China does, right? I remember a while back someone calling China a “currency manipulator” with the force of a slur, so I assume it’s the kind of thing that really pisses off free market fetishists
No it’s just more complicated than just print more.
Effectively the monetary supply is limited by the productive capacity/economic output of the country. If the nation or system doesn’t have enough output to cover new currency, it causes inflation as effectly 2 dollars are being used to represent the value of 1 dollar of work.
It’s basically what China does, right? I remember a while back someone calling China a “currency manipulator” with the force of a slur, so I assume it’s the kind of thing that really pisses off free market fetishists