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Message:: [QUOTE="John Burgess, post: 5296774, member: 105098"]We already have inflation, we always have inflation, there's never not inflation. If all the "quantitative easing" didn't cause hyper inflation, and the trillion dollar a year tax cuts for the past 4 years didn't cause hyperinflation, a $600 check for every American (130 billion dollars to do that) isn't gonna do it and neither is 3.33x that (433 Billion dollars instead) The rest of the 2.4 trillion dollars in the spending bill, and the rest of the 900 billion dollars in the current covid relief portion, goes other places besides hurting American's pockets. In the end, that $600 check for every America is $130 billion of the $900 billion for "covid relief"...... where's the other $770 billion going and why are people only concerned about inflation or hyper inflation when it comes to helping out struggling people, taxpaying people, the consumers that make the consumer economy actually function???? "let them eat cake"? As long as countries and people want the U.S. dollar and want to buy U.S. debt hand over fist, and the U.S. pay off as promised, honoring their obligations as usual, nothing at all changes. It's when you are printing money and got nobody buying the debt to do it, that's when hyperinflation ensues just like in Germany or Zimbabwe as a more recent example..... you need money, you can't just print it, you take a bond, you sell the bond to back the new currency with debt, it's a loan really, the bond matures, people get paid back, the currency is stable. I'll "worry" when nobody will take U.S. dollars and when nobody will buy U.S. debt and the government THEN continues to print money.[/QUOTE]

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