You're neglecting the impact of velocity of money. Supply is only half the equation. [1] [1] https://www.stlouisfed.org/on-the-economy/2014/september/what-does

You're neglecting the impact of velocity of money. Supply is only half the equation. [1] [1] https://www.stlouisfed.org/on-the-economy/2014/september/what-does-money-velocity-tell-us-about-low-inflation-in-the-us https://www.stlouisfed.org/on-the-economy/2014/september/wha...