Economic theories regarding inflation aren't so simple. It is not simply true that increasing the money supply causes a proportional increase in inflation. Ther

Economic theories regarding inflation aren't so simple. It is not simply true that increasing the money supply causes a proportional increase in inflation. There are other factors. Where does the money go? How is it being spent? Is product output increasing with increased demand? If the money ends up in wealthy bank accounts, not being spent, then it won't really affect our consumer prices, will it? If consumers have more money to spend, but factories can meet the increased demand, that won't increase prices either, but it will drive growth. There is plenty of evidence for this. Consider that the US money supply more than doubled since 2008, yet our purchasing power for general goods didn't halve. Asset prices have doubled, though. Fueled by QE or real growth? I'm inclined to think the former. Food for thought.