> I have this belief that one of the reasons why inflation has been under control despite the QE experiments undertaken by the Federal Reserve, ECB, etc. is bec

> I have this belief that one of the reasons why inflation has been under control despite the QE experiments undertaken by the Federal Reserve, ECB, etc. is because of the impact of 600M Chinese workers Definitely. The other way to look at it is that we were exporting our inflation to places like China. But that's (for various reasons political and otherwise) starting to change which means we can expect to have higher inflation than we had for the 30 years or so between 1990 and 2020.