When central banks can no longer control the price of money, they sometimes resort to quantitative easing, a policy whereby they may attempt to control the quantity of money.
Quant easing was attempted during the French Revolution.
Quant easing was attempted during the American Civil War.
Quant easing was attempted during the Russian Revolution.
In each instance it failed and led those respective economies into hyper-inflationary depressions, further exacerbating their turmoil.
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