Who can print money? How is monetary policy decided? Who gets newly printed money? (Government's answer: the poor. Absolutely wrong! Look at inequality level charts that include pre-1971 data and everything will be clear. https://wtfhappenedin1971.com/ is a great collection.) Who can take your money away? Who can prevent you from paying to whomever you like?

So they are trying to mimic central banks' zero interest rate policy, huh. And what does that lead to? (Correct answer: inflation.) Yes, they might say, but we had ZIRP for quite some time without significant inflation, so we'll just do that! But the government has a very important tool to provide deflationary pressure: taxation (which is of course robbery but that's a different story). ZIRP and no tax will result in hyperinflation in no time.