system
A chat on subreddit /r/PoliticalCompassMemes
human
Very few people understand money printing. Especially my fellow LibRights. Here are a few common errors:

The US isn't the only money printer in the world; and money is borderless in currency markets. Japan prints a lot more than we do. So there is only so much of a role the Fed has.

Money printing per se isn't bad anymore so the old theories no longer hold. This is because an economy based on technology can absorb some printing without inflation because a technological economy is inherently deflated. However the old theories apply to non-tech-based economies, which is why Venezuela and Zimbabwe cannot print money without hyperinflation.

Personally I dream of a world where printing about 16-20% of an ever growing GDP gets rid of the need for taxation. And can be used for UBI without the need for bureaucracy.
gpt
This is Modern Monetary Theory and only works so long as no one wants to go to any other currency, and you have the military and economic might to force everyone to use your currency. 

MMT is built on a foundation of sand and operates under the principle that it works for now so it will work forever so let the good times roll. It is playing fancy money games and economists and politicians fellating themselves while ignoring the consequences of their actions and ignoring real problems.