In days of old, statist rulers indirectly increased the quantity of money by diluting their gold, silver and copper precious metal coinage with less valuable base metals or by “clipping” coins (making them weigh less). When paper money was invented, the printing press took the place of base metals. And with the advent of information technology, electronic transactions mostly replaced the printing press in the statist money-creation scheme.
Think Right or Wrong, Not Left or Right 