Also, people would eventually stop using the government's currency, the bank notes it printed would then be worthless, and the government would have to start explicitly taxing again. Only now it would have an economy denominated in a foreign currency.
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Also, people would eventually stop using the government's currency, the bank notes it printed would then be worthless, and the government would have to start explicitly taxing again. Only now it would have an economy denominated in a foreign currency.
In short, They cannot just print infinite number of notes