>Anytime the government spends money on anything it prints money to do so. This is how governments work. That's just flatly untrue. This is one of HN's favorit

>Anytime the government spends money on anything it prints money to do so. This is how governments work. That's just flatly untrue. This is one of HN's favorite misunderstandings about governments. If this were true, why would governments bother raising taxes or issuing bonds?