It is, but you have to be careful not to overdo it. Also, I wasn't only advocating printing money by the state. I was also suggesting we stop banks from print

It is, but you have to be careful not to overdo it. Also, I wasn't only advocating printing money by the state. I was also suggesting we stop banks from printing money as well. https://en.wikipedia.org/wiki/Full-reserve_banking https://en.wikipedia.org/wiki/Full-reserve_banking Monetary policy is too important to let private special interests control it. Also, the current way of dealing with money, even for a state, is to think in terms of budget, deficits… while it should instead think in terms of money supply. The state would then increase the money supply through various spending, and decrease through taxes. Deficit would be zero by definition. Only inflation would remain. (My guess: inflation should probably be kept between 3% and 10% per year. It should definitely not be null.) Monetary policy influences all other policies, because you do need a budget to do anything. (A budget in resources and manpower, but money is too convenient to do away with.) My point is, money is too important to let a few powerful, not-even-elected entities control it.