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How does printing money cause inflation?


Great question on Quora:
http://www.quora.com/Inflation/How-does-printing-money-cause-inflation

One way of looking at Money is that it's a certificate that represents something of real value (food, clothing, services,...)

Each time new value is produced, an equivalent amount of money can be printed to represent it, thus maintaining a constant money/value ratio

However, if money is printed without a corresponding value creation, the ratio of money to value must change - go up