Printing Money

Governments can print money out of thin air. When you hear that stimulus checks are going to be handed out, that’s just secret handshake talk for “printing money.”

Printing more money should make people spend more. But what if it doesn’t? When people are fearful like they are right now, they typically want to save their money.

Printing money is pointless if it doesn’t get spent. And if a government prints too much money then they create hyper-inflation like what happened in Venezuela when their currency inflated 1,700,000% in 2018.