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<p>[QUOTE=&quot;gmarguli, post: 5298205, member: 246&quot;]Germany printed money. The US borrows it. Big difference.</p><p><br /></p><p>Based on how the last stimulus was spent, I wouldn&#039;t worry about inflation from it. </p><p>It&#039;s estimated that 27% of the money was saved and 31% was used to pay down debt. The remaining 42% was used to purchase items. About half was used for durable items (cars, major appliances) and medical care. It&#039;s highly likely that much of those durable item purchases were just accelerated and any uptick in prices now will be offset in the near future when prices drop to reflect lower future demand. </p><p><br /></p><p>The remaining half used for food and essentials likely didn&#039;t cause any meaningful uptick in demand. You don&#039;t buy an extra loaf of bread just because you have extra cash. You also probably had the money to buy the first loaf without the stimulus. </p><p><br /></p><p>And all things considered, it&#039;s just not that much money to move the needle on inflation. Besides, what goes in must come out. Unlike the newly printed Germany money, the money the US borrows needs to be paid back by the taxpayers (consumers). This will reduce future consumption and reduce inflation.[/QUOTE]</p><p><br /></p>

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