Recent content by DavidYoung

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    When governments print money

    I'm interested to know what the practical application of Milton Friedman's suggestion that the mint stops printing more money would be. In the case of buying bonds, would ceasing to issue more bonds do the same thing? In the case of the electronic transfer from the Fed (by which I'm assuming...
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    When governments print money

    This is an economics 101 question, as I have very little familiarity with the subject. I understand how increasing the number of banknotes in circulation affects inflation, but I don't understand how the extra notes get into circulation in the first place. When a government decides to run...
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