Considering that the Philippine peso merely fiat money, and considering that we are affected by  the global economic crisis brought about by COVID-19 pandemic, why can't the Philippine Government just print more money through the Bangko Sentral ng Pilipinas so Filipinos could increase their wealth? (20 points) How to answer this question: 1

Considering that the Philippine peso merely fiat money, and considering that we are affected by  the global economic crisis brought about by COVID-19 pandemic, why can't the Philippine Government just print more money through the Bangko Sentral ng Pilipinas so Filipinos could increase their wealth? (20 points)

How to answer this question:

1. Make your own/original illustration/example to explain your answer. Use your own words.

2. If you will copy any statement from experts or from a website, make the proper citations. Example: According to, ---- (cite the author/website, title of article, date, etc).