>>14307042The reason why you did not see consumer price increases was because the newly printed money was being contained in certain areas, with the lockdown and government spending the money created was directed into consumer goods and thus you are seeing price increases. The reserve status means that people needed to HOLD USD outside of consumption markets (THE US).
You're wrong to think that inflation is to decrease debt, they don't think money printing is bad, they think it's good. The government paid shills advocate 'investment' (all government spending is consumption) which pick winners and losers in the market and distort market prices in favour of government. Reducing the value of future money to payback debt is only a tangential benefit for inflationists.
