Congress writes the budget and prints money

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19. they do indeed correlate, though there are isolated exceptions

moreover, the *perception* of stable management of a currency is very important to the actual stability of the currency.

few things could cause holders of a currency to lose confidence in it more than the government simply "printing money" to cover all its expenditure.

moreover, how would we then regulate the budget? if congress could just print money to cover it, and the money supply is not an issue, what's to discourage congress from spending trillions of dollars per capita?