Any questions?
The Fed's printing is not the problem. Let me put it in terms your 6 year old can understand.
Your 6 year old has a mom that turns out fresh cookies every couple of days. Your 6 year old knows a girl named Ching Chang has some brownies that your 6 year old wants.
Ching Change is willing to trade her brownies. But not for cookies. Ching Change wants the cookie factory. Ching Chang wants a claim on Mom.
Would your 6 year old make that trade? No way, would your 6 year old sell out her Mom for Ching Chang's brownies. But America is making that trade every day since we lowered the import tariffs.
We buy cheap imports and instead of insisting that the dollars are only exchangable for trade goods, we sell debt and equities. We are selling our factories and putting Mom in slavery.