Printing Money = Inflation

“By a continuing process of inflation, governments can confiscate, secretly and
unobserved, an important part of the wealth of their citizens. There is no
subtler, no surer means of overturning the existing basis of society than to
debauch the currency. The process engages all the hidden forces of economic law
on the side of destruction, and does it in a manner which not one man in a
million is able to diagnose.”
– John Maynard Keynes
(1883-1946) British economist
Source: “The Economic Consequences Of The Peace”

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