That sounds very much like what Austrian Economist Friedrich Hayek had been advocating. He also discussed prices as being information signals.
The danger of government money-printing is that the government ends up distorting the supply of money entering various industries (especially through big government contracts) and thus, to some extent, ends up determining what is profitable and what is not profitable... Then we end up with an economic system wherein winners are selected not on the basis of their adherence to the needs of working people, but on the basis of their adherence to the whims of government bureaucrats.
The danger of government money-printing is that the government ends up distorting the supply of money entering various industries (especially through big government contracts) and thus, to some extent, ends up determining what is profitable and what is not profitable... Then we end up with an economic system wherein winners are selected not on the basis of their adherence to the needs of working people, but on the basis of their adherence to the whims of government bureaucrats.