I believe that by now some of you might be thinking that the things I had put up are pure crazy. There is no way in the whole wide world that you can print an endless amount of money without any consequences. Honestly, you are right.
However, as it is now, under current fiat currency system, Government CAN print any amount of money. Yup, any government in this world can print an endless amount of money. One trillion, no problem. 100 gazillion, no problem. Make every citizens in this world a trillionaire, no problem. But, yes, there is a but to it!
We can print an obscene amount of money PROVIDED there are real goods and services to buy. That's right, you need something to buy with your money. If there are no real goods or services available to buy or procure, then printing gazillion of Brunei dollar shall be a pointless endevour. Brunei dollar shall lose its value and inflation sets in.
As I had mentioned in my early post, printing more money never lead to inflation or hyperinflation. It is the loss or non availability of real goods or services that money can buy, leads to the uncontrollable inflation. That is why I advocate that our government should create or print or key ins few more millions of Brunei dollar in order to build Temburong bridge.
Temburong bridge is a real good and service. It is physical and provide an endless amount of benefits to the country. Thus, there is no need for the government to seek private money. And furthermore, those private money is the same money that our government created in the first place. There is nothing special about private money.
