Well, we’ll certainly have record breaking price inflation. You don’t hand out government (taxpayers) money like free breath mints without hitting prices hard.
Yes, that's another major problem looming. All of the money and 401ks saved up will be greatly diminished in value. Sad.
Well, we’ll certainly have record breaking price inflation. You don’t hand out government (taxpayers) money like free breath mints without hitting prices hard.
But on reflection, what will all this money chase?
There one article that people were so concerned about the future they were actually saving money.
Economic inflation has occurred. Velocity also affects price inflation. In the short-term velocity has decreased. If people save the money or reduce debt the price inflation impact will be reduced. If people spend money too fast hyperinflation would be a catastrophic danger.