May be true because the people in government are living more satisfied life but not in all countries because their salaries are so higher that they can life comfortable life. If they are printing more money then they will use illegal way which is termed as money laundering and they cannot steal money of population because they have to give answer that how they earn money.
There are so many government's persons who spend certain time in prison because of money laundering and they have to return that amount if they earn with wrong way.
In those countries I was talking about they are not accountable to the law. Judges are either their friends/relatives or they just obey them, the authorities above them. It happens in very corrupt countries, and I hope they will seize to exist in the future, but today there are still too many of them, unfortunately.
Overall, for better or worse, money is the blood of the economy. I personally think it's for the better. Before money was invented the world was like hell compared to the current one.