Stella Quimbo explains why BSP can’t just print more money amid rising prices

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Stella Quimbo explained exactly why printing more bills would not solve the country’s current problem of rising prices of basic goods.

The Marikina congresswoman and PhD economist broke down the issue in a TikTok video, saying it was more complicated as it sounds.

“Lagi kong naririnig ang tanong kung bakit hindi pwedeng magprint nang magprint ng pera. Here’s a simple explanation. Hope you can learn something from this,” she captioned.

For her, printing more money is more dangerous as it would also trigger higher commodity prices, which is counterproductive to resolving the current issue.