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the creation of money by governments and their central banks becomes a very appealing solution especially in times of severe economic crises such as the one the world experienced in 2020 due to a pandemic but history has shown that printing money in excess almost always ends badly you dont have to go very far back to know the consequences of turning on the money printer the best known and most recent example is that of venezuela where public spending began to be financed by the central bank with the issuance of bank notes the result is that venezuela experienced hyperinflation for more than four years the country closed 2020 with an inflation rate close to four thousand percent and this happens because if in a country there is a certain amount of goods and in a short period of time the amount of money in the economy increases prices will increase because there is much more money than before but the same amount of goods lets think that most companies and factories cannot increase thei