Ep 114: Why don’t central banks print even more money?

Printing money is extremely useful for the State due to Cantillon effects; so why don’t they instruct central banks to go full MMT? Does the fear of a radical alteration in your exchange rate between other central banks keep them honest? How much coordination between central banks is there? Does the fear of upsetting the golden goose regulate the state? How real is this fear and what would be its limits?

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