Is the idea of money-printing by centralized authority bad?
The idea of printing more money by the centralized authority is not bad if the money is printed when needed not in the season when the economy is melted already and need some rebuild, printing money during this state will only encourage the meltdown and instead of printing more fund the centralized authority ought to use the money for any purpose that will boost the economy.
When does it make sense to have a centralized leadership and when doesn't it? And more importantly,
There shouldn't be a specific time for every organization must have leadership.