That is true for the goverment printing but the central bank printing its just printing i mean if you follow the chain to the creation maybe the BIS or something. Because when you print money you don't pay interest to anyone so instead of borrowing you could just jump the middleman and just print he is printing anyways. If you borrow you need to pay exponential sums. Using inflation to collect taxes was normal when the logistics were a nightmare. Its dangerous maybe but not necesarily bad and there are a lot of financial gambels done by goverments which are more dangerous.

>Because when you print money you don't pay interest to anyone so instead of borrowing you could just jump the middleman and just print he is printing anyways.

>Because when you print money you don't pay interest to anyone so instead of borrowing you could just jump the middleman and just print he is printing anyways.

While that's true technically, when governments borrow from the central bank they tend to roll over the debt instead of paying it back, so the interest is never really paid.

The big advantage to borrowing from the central bank is the average person thinks you can only borrow deposited money and doesn't realize what's happening.