Excellent article posted on HN that explains why what we saw in 2020 is different than 2011: https://www.lynalden.com/money-printing/ https://www.lynalden.com/

Excellent article posted on HN that explains why what we saw in 2020 is different than 2011: https://www.lynalden.com/money-printing/ https://www.lynalden.com/money-printing/ Basically, after 2011 it was mostly for recapitalizing banks when in 2020 it's to support government budget deficit