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On the consequences of excessive currency issuance in circulation
Excessive currency issuance will lead to a sharp depreciation of the currency and a sharp rise in prices. This will lead to market chaos. Once the currency depreciates, the consequences of soaring prices will be social unrest. This is the most basic thing. What is more serious is that the state's fiscal revenue will be seriously exposed, foreign exchange will be seriously contracted, domestic capital will flee in large numbers, the employment rate will rise rapidly, the party will die at a serious point, and the country will die at a more serious point. With your devaluation, international countries will have conflicts with devaluation, foreign freely convertible banks in devalued countries will be closed, and foreign countries will take the opportunity to shear wool. Therefore, currency overshoot is basically the same as playing a medium-sized game between big countries. Please adopt it. Thank you.