Yep
And as pointed out by a rather good article in the Grauniad a few weeks ago, keep an eagle eye out for the phrase 'quantitative easing'

Translated out of weasel words, this means 'printing more money'. Which in my opinion is comparable to trying to extinguish a fire with a gallon of petrol.
(Son of Sam-i-am We're all as mad as hatters here, Fri 23 Jan 2009, 10:06, 1 reply)

The most famous time that a massive money print run happened...
Was in the Weimar Republic of Germany, in 1923.

Look what happened there.
(scentless_apprentice takes two bottles into the shower!, Fri 23 Jan 2009, 10:13, closed)

See also
Zimbabwe, and their one trillion notes or whatever they've just brought out.
(Son of Sam-i-am We're all as mad as hatters here, Fri 23 Jan 2009, 10:18, closed)