>You seem to be implying that these are two unrelated phenomenon.
All I am saying is that printing USD has almost no effect on inflation especially since money nowadays inherently has no value after being de-coupled from gold.
Maybe if everyone across the word suddenly got $1 million dollars, we could be seeing inflation.
I believe that as long as people spend their money to buy goods without saving up (debt of a country)and economic outputs remains consistent, printing money does not necessarily cause inflation.
I am interested to know if printing excessive money in a functioning economy ever caused inflation after the 70s, to be proven otherwise.
All I am saying is that printing USD has almost no effect on inflation especially since money nowadays inherently has no value after being de-coupled from gold.
Maybe if everyone across the word suddenly got $1 million dollars, we could be seeing inflation.
I believe that as long as people spend their money to buy goods without saving up (debt of a country)and economic outputs remains consistent, printing money does not necessarily cause inflation.
I am interested to know if printing excessive money in a functioning economy ever caused inflation after the 70s, to be proven otherwise.