The US Federal Reserve "prints money" in the US, and is insulated, as best as possible, from immediate partisan influence. Obviously, our elected leaders can in

The US Federal Reserve "prints money" in the US, and is insulated, as best as possible, from immediate partisan influence. Obviously, our elected leaders can influence the decisions of the Fed by appealing their case, but they lack a legal mechanism to make the Federal Reserve "print money". They do, however, have the authority to incur "debt" through spending. Which … is basically printing money. But this is true for any system which does not have legal guidelines which constrain spending to revenue capture. Which is a good deal more than "just the US".