Wang Shuo: Printing Money Is Not the Solution You Think It Is

Modern Monetary Theory (MMT) has recently become a popular topic of discussion in Europe and the U.S. To a significant extent, the theory seems to fit the economic situation of the past decade or so. If the economy is depressed, then just print money. It would not cause inflation anyway, so why not go to the extreme? Let the central bank print as much as the government needs.