[citation needed] MMT would disagree with this claim: https://en.wikipedia.org/wiki/Modern_monetary_theory https://en.wikipedia.org/wiki/Modern_monetary_theory

[citation needed] MMT would disagree with this claim: https://en.wikipedia.org/wiki/Modern_monetary_theory https://en.wikipedia.org/wiki/Modern_monetary_theory Even among Keynesian economists and others the exact causes are disputed and most seem to agree that it comes down to a combination of factors with "making more money" not necessarily even being the most direct or biggest contributor: https://en.wikipedia.org/wiki/Inflation https://en.wikipedia.org/wiki/Inflation Opponents often cite historical examples of hyperinflation but arguably in most of those cases the government "making excessive amounts of money" was just a reaction to the hyperinflation itself. E.g. the collapse of the German "Papiermark" directly followed the defeat of Germany in the first World War, which also settled the country with extremely painful reparations and involved a republican revolution which preceded years of political instability (e.g. there were two different and conflicting Soviet republics in Bavaria alone). So as correlation goes, states that go kerplunk tend to print a lot of money. This does not suggest that printing a lot of money makes them go kerplunk or vice versa. They might be going kerplunk for entirely different reasons and print a lot of money to address those reasons, desperately. It actually seems unscientific to assume societies work so trivially that printing too much money destroys them given how complex we know societies are (or failing that, at least how complex individual humans are and how complex therefore interactions between them must be).