>we didn’t print nearly as much as you think we did
You do realize that it's not actually just printed and given to people right? The fed buys government bonds, the people through taxes pay the interests on this loaned printed money.
So, the money is printed and loaned to the government, the government uses this printed money to make the rich richer (supporting big companies so the economy doesn't crash, through Blackrock who gets to decide who gets what based on ..weird values), inflation is a tax on the people already, and they're the ones paying back that loan, and the poor countries get poorer because their dollar reserves aren't enough to buy things from the US and other countries who trade in USD.
So thinking QE on that scale is good is either being a contrarian for the sake of ego or believing everything you hear on CNBC.
You do realize that it's not actually just printed and given to people right? The fed buys government bonds, the people through taxes pay the interests on this loaned printed money.
So, the money is printed and loaned to the government, the government uses this printed money to make the rich richer (supporting big companies so the economy doesn't crash, through Blackrock who gets to decide who gets what based on ..weird values), inflation is a tax on the people already, and they're the ones paying back that loan, and the poor countries get poorer because their dollar reserves aren't enough to buy things from the US and other countries who trade in USD.
So thinking QE on that scale is good is either being a contrarian for the sake of ego or believing everything you hear on CNBC.