100% . Exactly and if "money" lands in the accounts of agents (people, businesses) who do not spend it, its not inflationary. If I have 10 trillion dollars in m

100% . Exactly and if "money" lands in the accounts of agents (people, businesses) who do not spend it, its not inflationary. If I have 10 trillion dollars in my account, but I do not use it. Its not inflationary. This is called a demand leakage. Savings is a demand leakage. Counterintuitive.