[jesusthatsgreat]

The problem is the rules are made up as we go along. Money is infinite if we want it to be infinite... at the minute it's finite up until a debt ceiling is hit. And as we've seen before, we just keep raising that ceiling if it looks like we'll run out of money and can't afford to keep society operating properly.

People don't have a say in who or what is 'saved' by printing money. Or where the new money goes. A handful of people decide, most of whom are in a very comfortable position in life and quite often have vested interests in maintaining the status quo. After all, it works for them and got them to where they are, so very few people would do something to jeopardize their own wealth / position. How many politicians own more than one property for example? Are they really going to voluntarily introduce measures to lower property prices in the interests of the younger, less well off people / families?

I agree an entirely deflationary monetary system isn't the answer however the more you print money, the more you're effectively saying "It's no big deal if you get in to debt, we'll just create more money to clear it like we did the last time and the time before that".