> Is there any country in the world with a government which manages to withstand the temptation to print money? In modern economic systems money is created via

> Is there any country in the world with a government which manages to withstand the temptation to print money? In modern economic systems money is created via private/non-government banks through credit creation, and not through government actions: * https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m... * https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-in-the-modern-economy-an-introduction https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m... * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 I've observed that folks often mention "money printing" and inflation (cause of), but rarely ask what caused the money printing, or a collapsed economy, in the first place: > 2003 Zimbabwe’s economy has collapsed. Up to a quarter of Zimbabwe’s 11 million people have fled the country. 3/4 of the remaining Zimbabweans are living on less than 1 US dollar a day. (Source) > 2005 An estimated 80% of Zimbabwe’s population is unemployed. > …by 2008 Only 20% of children in Zimbabwe are in schooling. Cholera outbreak after water supplies and sewage systems have continued to breakdown; by 2009, over 98,000 cholera cases. HIV/AIDS rate for individuals aged between 15 and 49 is 15.3%. * https://clintballinger.com/2020/04/30/airplane-crashes-arent-hyperlandings-notes-on-zimbabwe/ https://clintballinger.com/2020/04/30/airplane-crashes-arent... See also * https://www.pragcap.com/understanding-hyperinflation/ https://www.pragcap.com/understanding-hyperinflation/ * https://www.pragcap.com/inflation-is-not-necessarily-a-different-form-of-default/ https://www.pragcap.com/inflation-is-not-necessarily-a-diffe...