 Bob, are you watching the baby? Of course! That's what you're paying me for! Mama? Dada? Why Bob need money? Because Bob never acquired marketable skills and money doesn't grow on trees. You majored in performing arts, Ron. Why not just quit more money? Then Bob can have some more. Actually! Printing more money can be a very bad idea. It results in the money that we already have losing its value. Yeah, but so what? Isn't the government printing more money all the time to benefit their interests? That's better than them taxing us, isn't it? You sure about that? In the short term, it may not seem like it costs you, but in the long run, it results in all of your money being worth less than it was before. So it's basically just a hidden tax. Oh, well, that stings. But we have to pay taxes either way. So what's the difference? The difference is huge. If we weren't constantly devaluing our own currency, we would be better able to save for the future. A person who starts saving for retirement at 19 could expect their savings to have just as much purchasing power at 65. And they wouldn't have to invest their money into 401ks and stimulate Wall Street just to have their hard earned savings retain their value. And with things like cost of living remaining stagnant or even decreasing as technology develops, we wouldn't have to keep artificially adjusting wages to keep up. Well, that does sound nice and all, but I'm sure there are ways inflation can be beneficial. And besides, what's the worst that can happen? Hyperinflation. When a government is unable or unwilling to manage the amount of money they print, eventually it begins to inflate so quickly that it becomes almost completely worthless. One of the most infamous historical examples would be 1920's Germany? Exactly. At one point, things got so bad that it would cost you 4.2 trillion German marks to get just one US dollar. And there are many more recent examples. In the 2000's, hyperinflation in Zimbabwe was so out of control that the central bank was forced to print 100 trillion dollar bills. And in present day Venezuela, the currency is so worthless that people are using it to make folded paper art and then selling it overseas because that's the only way they can get a decent conversion on their money. That makes sense. Maybe to a baby. Yeah. Economics nerd. I as well remain unconvinced that government should print as much money as it wants and you economic nerds can't force your beliefs on to me. Told you so. Get out of the car.