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RE: Weak Economy, Weak Hands, and a Weak Dollar … (Death of the Dollar–18) with Link to Full Story
I believe that if an economy is weak and starts printing more money or multiplying it virtually in bank accounts, that can lead to a disaster.
You see, I am from Venezuela, one of the things that has led us to be one of the most miserable economies in the world has been the deranged economic policies and monetary policies, among which was the printing of money without supporting it in production, manufacturing, resources or anything that generated confidence in the currency. That has been a disaster and I don't think it's good for any country.
I agree. Granted, there may be many and various causes of economic collapse, but printing money simple aggravates the situation.