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Two reasons, and maybe more.I often wondered why inflation seems to effect all countries. Why does one country simply stop printing money? Every country prints.
1. It is a method of stealing value or wealth.
2. If a country does not print, its currency will more or less hold its value, while other currencies drop.
So relative to other currencies, its value will rise, making its exports more expensive and therefore less competative.
So to improve trade, countries try to lower the value of their currency.