“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.
The Fed isn't printing money to stimulate the economy. They are printing it to monetize the debt, paying it down with made up money so people will keep buying bonds. That money will never make it to the market.
Wrong. That money has been used by the gubmint to keep the EBT cards live, pay our troops, hand over to the states to pay teachers and buy textbooks, and all of the other stuff that the government lays out nearly $4 Trillion a year to pay for.
There has been no “pay down” of the debt — it continues to grow. How long that goes, only the Bond holders know. When they decide that something paying them more than 2% is desirable and at equivalent risk than an instrument backed by the “full faith and credit” of the gubmint, well all bets are off then.
Of course, if it is the fed buying everything that may never happen. I wonder if the 6 or 7 Trillion of bonds held outside the fed would crater the $ if it was sold within a few days or weeks.
The money has already hit the market, in the form of EBT cards, federal government salaries, payments to doctors from medicare and all the other assorted goodies Uncle Sugar passes out. Once Dr. Jones gets paid, he makes investments and the only thing yielding anything above diddly nowadays is stocks. The run up since March of 2009 is the most obvious sign of inflation that there is.