I think that's too simplistic. If it were true you could just print your way out of any down turn with no consequences. Crazily enough there is a mainstream vie

I think that's too simplistic. If it were true you could just print your way out of any down turn with no consequences. Crazily enough there is a mainstream view in macroeconomics that you can do just that. I think people aren't stupid though. If suddenly there are more dollars, then a dollar should be worth less. Hence inflation.