Inflation is only a problem if it doesn’t reflect actual economic activity.
Thanks to COVID there is so much slack built into the real world economy right now that there is probably a ton of capacity to absorb any additional “created” dollars.
I suspect the real problem will be if for whatever reason the vaccines start failing and COVID comes raging back and worse for at least another year.
Inflation is only a problem if it doesn’t reflect actual economic activity.
Thanks to COVID there is so much slack built into the real world economy right now that there is probably a ton of capacity to absorb any additional “created” dollars.
I suspect the real problem will be if for whatever reason the vaccines start failing and COVID comes raging back and worse for at least another year.