As the title ask, is inflation inevitable?
Also, I know that there are lots of other aspects of taxation vs money printing that in reality would come into play, but I'm mostly curious about the inflation part.
Would it in theory be possible to fund government through printing money instead of taxation, without causing runaway inflation?
byu/bawng inAskEconomics
Posted by bawng
2 Comments
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Without taxes, without borrowing, just creating more and more money? No. That’s not possible in any realistic scenario. It would be possible only if this would also lead to economic growth of comparable magnitude, but economies generally don’t grow 10% a year or more period, much less just due to money creation.