I am always surprised at how few people understand this.
People think if you print $100 and add it into the economy that it actually creates and adds $100 worth of buying power
This is totally incorrect
What it actually does is dilute $100 worth of buying power from all existing dollars to give it to the newly printed dollars
Newly printed dollars only have value because they are stealing value from existing dollars in the system
It is a merely a hidden form of hidden, disproportionately affecting the poor
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