We have not had hyper inflation since the Carter era of late 1970’s. Why do you think that is? From Reagan on to Obama, we have added $12 Trillion+ to the national debt. The gov’t has printed money like crazy! But still no hyper-inflation!
Who do you think that is? I can tell you if you are curious.
It’s called cooking the books and buryin your head in the sand and hoping you don’t get caught
Because the fed is buying mortgage backed securities and the banks are simply clearing their balance sheets. No more loans are being made. So the money is simply vanishing—while the Fed is becoming one big landlord.