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Printing Money During Pandemic
The word "money printing" is often negatively connoted. This is true when referring to the theory of monetary figure Milton Friedman (1969) about “helicopter money”.
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Busyness at PT Bank Mandiri (Persero) Tbk\'s Cash Center, Jakarta, Friday (8/5/2020).
The word "money printing" is often negatively connoted. This is true when referring to the theory of monetary figure Milton Friedman (1969) about “helicopter money”.
According to Friedman, if the central bank increases its supply of money by printing new money, it can cause a high rise in inflation and can lead to stagnation or slow economic growth. The slow economic growth, which is accompanied by high inflation, is known as stagflation.