04-19-2020, 07:31 AM
They printed trillions after 2008 and a lot of people thought high inflation was coming. It never appeared in the "official" inflation numbers but those are all gamed. It's because most of the money never left the financial industries. The inflation showed up in equity prices (the stock market) because companies borrowed the printed money at almost no interest and bought their shares back to drive the prices up so the executives could get larger bonuses and the shareholders would get dividends courtesy of the cheap credit. So the big corporations went into this pandemic straining under huge levels of debt and guess what, now they want a bail out.