While most people think so, I don't really think so. It matters where the money goes and in the current system, we know it goes to the wealthy and the powerful. So for our current system, it is. Money is only created by the banks when loans are created and destroyed when loans are paid back. If the government wants money, they raise money by selling the equivalent in treasuries and bonds.

So in a way, I am not worried about printing money if it goes towards the people who need it and not gathered up with the rich and powerful. So printing money itself isn't bad as it helps the economy money but I care more about how it is being distributed.

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