Printing more money doesnt increase economic output in any way it merely causes inflation. If the government print too much money and inflation get out of hand, investors will not trust the government and it will be hard for the government to borrow anything at all. Therefore, printing money could create more problems than it solves.
This situation can happen with each country. But in most countries there are politicians and financiers to prevent this. And we have a crypto for personal protection if something happens in the country.