Governments have the ability to print more money whenever they desire. When they print more money the money that people have worked for or have saved becomes less valuable, this is called currency devaluation. As a result of the creation of more paper money inflation occurs. This is when the price of real goods increases because the buying power of the dollar has lost value. People have accepted this as normal but in reality the price of goods compared to currency never has to change. When the governments print more money the costs of goods and services increase and now people have to work harder in order to buy the same quantity of goods. Allowing a government the ability to print money at will is allowing them to have complete control over the people without limits. Over the years paper money always loses its value compared to gold or silver. When Governments print paper money unrestrained it can cause such rapid inflation that a country can become ...
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