Printing money is de facto theft from all who hold no net debt. The value of the newly printed money is stolen directly from those people holding no net debt and gifted not only to the recipient of the new money, but acts as a discount to existing debt through inflation of the money supply, and devaluation of each unit of money. Ex nihilo creation of money at the point of loan creation (what currently occurs) is MUCH worse, in that it combines the inherent theft of money printing with the fraud of charging interest on a nothing that was lent, the bank did not LEND you anything, they created that out of thin air and have the chutzpah to charge you interest for the privilege.