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Why Money Scarcity Means Someone Goes Hungry

We don’t want to create so much money that it becomes worthless. But it is better to risk inflation than to deny people the means to live.

Updated Sep 14, 2021, 12:19 p.m. Published Mar 1, 2021, 3:11 p.m.
Sheets of Japanese 10,000 yen banknotes move through a machine at the National Printing Bureau Tokyo.
Sheets of Japanese 10,000 yen banknotes move through a machine at the National Printing Bureau Tokyo.