The Zimbabwe Lesson: Why Printing More Money Cannot Create National Wealth
By FRANKLIN FRANCIS FREY The Persistent Myth of Easy Prosperity FEW economic ideas are as politically attractive—or as dangerously misunderstood—as the belief that governments can simply print more money to solve financial problems. Whenever countries experience recession, unemployment, budget deficits or mounting public debt, calls often emerge for governments to “print more money” to stimulate […]
