Repeated countless times since the Mongal Empire
Money is supposed to be created by the sale of goods and services (IOUs). Money printed without sales is a forgery, a fraud. The Keynesian game has a second part, the raising of taxes to offset the previous fraud but that second part is not as popular as the fraud part so it is avoided. Sooner or later the system collapses.
What Keynes didn’t realize was that the resistance to taxes was stronger than the eagerness for printing. Economic systems that don’t take into account human nature must fail.
The Captain