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They knew the risks of a government with the power to print as much money as they wanted, tried everything they could de deter that from happening. The interest paid along the debt is a component of the government's costs. It can become excessive. If government debt is already high, to borrow more may undermine the government's credit-worthiness and lead to inflation. Option is to lower government expenditure, causing trouble. When considerably more more paper money circulating without an improvement in productivity, you have inflation. Inflation is m