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> So your point is of course true but irrelevant.

Not at all. Its fine if that money makes its way into assets because assets are not a necessity for life. CPI is a proxy for necessity for life. If it makes its way into stocks, that's just an ROI.

Further, if that money starts making its way back out, towards CPI, the fed will stop printing or even take the money back out of the system. That's why we have a Fed.




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