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Inflation won't happen until spending for goods/services increases. These Fed bailouts all end up in the pockets of people who don't compete for the same goods/
by ericmcer 6y ago
Inflation won't happen until spending for goods/services increases. These Fed bailouts all end up in the pockets of people who don't compete for the same goods/services we use, so the money has little inflationary impact. Unfortunately it does give those people a massive amount of influence and power over policy. I think it's like inflation on democracy.