The money printing paradox
Money printing also known as QE i.e quantitative easing has become a prime tool for central banks to prime the economy at the hint of any potential slowdown. It is an essential part of the modern monetary theory, with it's own unintended consequences. Central banks buying government bonds and generating money in the system is common these days. It essentially creates debt to prime the economy. No wonder USA is running a fiscal deficit of almost six percent of GDP, a historical high. Even though America has the reserve currency of the world in the form of greenback, economists have started arguing how long this drunken sailor behavior of fiscal imprudence may last. This is essentially borrowing from the future to pay for our current extravagance. It makes sure the younger generation lives in debt while unable to prosper, servicing this debt through their lifetime in the form of inflation and taxes. This cycle of boom and bust created by oversupply of money in the financial system