> money supply is one amongst many other factors that we effects price levels But money supply differs from all those other factors in a key respect: changes i

> money supply is one amongst many other factors that we effects price levels But money supply differs from all those other factors in a key respect: changes in the money supply reflect government manipulation, not any actual change in the economic situation. So price changes due to changes in the money supply are not signaling an actual change in the economic situation that economic actors should respond to by changing their activities. And that means changes in the money supply break the supply and demand system. (And, again, changes in the money supply also are wealth transfers to those who get the newly printed money, which in our current system is the rich--banks and other financial institutions--at the expense of everyone else.) > 2020 saw the largest expansion of money supply in recent history, and guess where all that money went? Right into the hands of ordinary americans. Yes, but that was a huge exception to the normal practice. The Fed has been printing money for more than a century, and COVID relief was the first and only time the printed money had gone to ordinary Americans as opposed to financial institutions. > The fed doesn't print money and hand it out to rich people, you should read up more on how monetary policy functions. You should learn basic microeconomics. The fact that printing money is a wealth transfer is basic microeconomics. Even the economists that advocate for manipulating the money supply know this; they just don't talk about it because if the average person understood it, it would make manipulating the money supply much less politically acceptable. > you need to read more about how monetary policy actually works You need to stop assuming that anyone who disagrees with you must not understand your position. > You keep talking about government micromanagement, when the Chips act is the first time in a very long time we've tried anything close to such closely targeted industrial policy. Read the Code of Federal Regulations provisions that apply to businesses (which is almost all of the code). In a hundred years or so, when you've finished, then come to me and explain to me how that is not a huge amount of government micromanagement.