Deficit Spending and Inflation

     The most common method of increasing the money supply today is by spending more than is in the treasury, and then merely printing extra money to make up the difference.  Technically this is called "deficit spending."  Ethically, it is counterfeiting.  Morally, it is wrong.

     In America, only the federal government can increase the money supply.  Only government can create inflation.

-Ezra Taft Benson