>> The argument I’ve read is that deflationary spirals are much more difficult for governments to deal with than high inflation. > That may have made sense bef

>> The argument I’ve read is that deflationary spirals are much more difficult for governments to deal with than high inflation. > That may have made sense before fiat currency, but I literally can't think of what could be simpler than print more money If it were actually that simple, I'm sure governments would act differently (especially since helicopter money is in no way a novel idea). Since they don't, it's almost certainly more complex.