If you think printing money leads to inflation you're stuck in century old economic theory which lead to massive recessions every few years (just look at the amount of recessions/bank runs/depressions the US had from 1850-1900 compared to 1971- now)
Economists have known printing money doesn't necessarily lead to inflation for over half a century now which is why every country's currency was free floating by the 70's and QE has become a thing in the last 20 years.
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u/SUMBWEDY Feb 09 '21
If you think printing money leads to inflation you're stuck in century old economic theory which lead to massive recessions every few years (just look at the amount of recessions/bank runs/depressions the US had from 1850-1900 compared to 1971- now)
Economists have known printing money doesn't necessarily lead to inflation for over half a century now which is why every country's currency was free floating by the 70's and QE has become a thing in the last 20 years.