> The government can print money and distribute it uniformly, such as with this year's CARES act (which is about as uniform as one can ask for in this political

> The government can print money and distribute it uniformly, such as with this year's CARES act (which is about as uniform as one can ask for in this political climate). It can, but it almost never does. Usually it just subsidizes or bails out businesses. > Regardless of government policy for how it distributes newly created currency, inflation is fundamentally beneficial for debtors and bad for creditors. If the inflation rate is stable/predictable (which is the goal for the USD) it makes no difference for creditors/debtors, it gets baked into the interest rate spread.