Well, it was a pretty safe bet in ’08 given typical reactions to economic crises, and the prevalence of advice like this P/S/A that “oh, there totally won’t be inflation from the printing money”.
You seem to be mocking the idea that we’d avoid inflation. Look at the actual inflation stats, and we have. Velocity has dropped so significantly that the quantity of money rising was necessary just to maintain stability.
Well, it was a pretty safe bet in ’08 given typical reactions to economic crises, and the prevalence of advice like this P/S/A that “oh, there totally won’t be inflation from the printing money”.
You seem to be mocking the idea that we’d avoid inflation. Look at the actual inflation stats, and we have. Velocity has dropped so significantly that the quantity of money rising was necessary just to maintain stability.