well most obviously, splitting doesn't screw existing shareholders while dilution does. I guess money supply does have a splitting analogy though. When currencies get devalued (pesos, etc) to the point where a minimum multiple is 100, it goes thru a 'reverse split', a la 100:1 to get it back to countable denominations of value.
You always want a country to have less money to go around then to have to much money - then it becomes worthless
OTOH, if you don't have any money going around, you get relatively little investment or progress - just stagnancy.
whats so disappointing is that the latest round of free money was wasted on military action, crude oil, and on housing. (err consumer goods in disguise.. no capital investment) Could you imagine if it was spent on solar, nuclear, and battery research? we'd have free unlimited aggregate supply by now with falling prices.
what would also be cool for starters, is for we the taxpayers not to pay interest on the money our own government creates. the national debt accrues 250 Million dollars interest an hour or something like that (and compounding)... yet it's our own currency, created by our own government