Is Printing Money Bad?

The short answer is inflation. Historically, when countries have simply printed money it leads to periods of rising prices — there's too many resources chasing too few goods. Often, this means every day goods become unaffordable for ordinary citizens as the wages they earn quickly become worthless.

Is printing money a good thing?

In theory, printing money - increases money supply - that will also lead to inflation. The economic wide impact may be less favourable if the increased in money is not wisely used or invested.

Is printing more money illegal?

Counterfeiting Federal Reserve notes is a federal crime. ... Manufacturing counterfeit United States currency or altering genuine currency to increase its value is a violation of Title 18, Section 471 of the United States Code and is punishable by a fine of up to $5,000, or 15 years imprisonment, or both.