>Just printing money does not mean inflation is a result. For inflation to occur you also need money velocity. Money velocity is a post-hoc fudge factor to mak

>Just printing money does not mean inflation is a result. For inflation to occur you also need money velocity. Money velocity is a post-hoc fudge factor to make the Fisher equation work. It's has little empirical value. Other than that, I'm with you. "Money" is broad; the Fed may have printed a ton of it, but a ton more was destroyed in 2007.