There is a lot to unpack here. I can’t go into details, maybe read a book on MMT. (I can only recommend German resources…) Some points: Deflation is bad for t

There is a lot to unpack here. I can’t go into details, maybe read a book on MMT. (I can only recommend German resources…) Some points: Deflation is bad for the economy, you want moderate inflation. Increasing the money supply is a prerequisite for inflation, but not the cause. The euro zone increased it‘s money supply enormously for mor than a decade and - until last year - had problems meeting it‘s 2% a year inflation goal. Increasing the money supply allows for cheap investments for both the state and private business. If the investments provide a net benefit to the economy (e.g. infrastructure) you should just do them. “Anything we can actually do we can afford.” - Keynes