The QE money never has been mopped up, nor can it be mopped up quickly. QE has caused asset price inflation. Also, QE is already back in effect, they're just no

The QE money never has been mopped up, nor can it be mopped up quickly. QE has caused asset price inflation. Also, QE is already back in effect, they're just not calling it QE. https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm https://www.federalreserve.gov/monetarypolicy/bst_recenttren... By contrast, paying wages to otherwise idle workers isn't going to make much of a dent in the CPI. If it did, there would be a clear correlation between unemployment rate and consumer prices.