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So, in all seriousness, somebody explain to me: Why did we not see a damaging spike in inflation after the massive QE efforts following the 2008-9 Great Recession? Or at any time we've printed money like crazy over the last few decades? Why, since Carter, has inflation not gotten out of control in spite of everything?



Great question, short answer.

The unwashed masses don't have the money. They don't even take the vacation time they are due because they can't afford it.

https://www.cnn.com/travel/article/unused-vacation-days-trnd...

A record 768 million US vacation days went to waste last year, a study says

Allen Kim, CNN • Published 16th August 2019




The people that have the money don't spend it, they invest it to make more money. The idea of the helicopter money is that if people pick it up and spend it investors will end up with it.

One of our rather rough around the edges PMs (Jean Chrétien) once commented something to the effect that if you want to put money into the economy, don't give it to rich people, they just save it, give it to poor people, they spend it and the economy thrives.

So methinks the US is giving the money to the wrong people? Jobs creators only create jobs when there is demand.


Anymouse <has run out of things to buy ... which is awkward because we still have money>
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