When crooks expand the money supply, this is called counterfeiting. When governments do it, it is called “monetary policy,’ but it is the same thing, inflation. In both cases it causes falling money and rising prices.

Richard J. Maybury

One of the books the kids and I are reading at this time is Whatever Happened to Penny Candy? This quote comes from that book. We have found it very useful to understand economics. I highly recommend this great read!