all absolutely true - but key sentence is backend of this...

all absolutely true - but key sentence is backend of this decade, and I would add "perhaps" to that. The perceived wisdom that increased money supply always results in inflation is fine for year 12 economics - it doesn't consider the differences between M1, M2 or M3, it doesn't consider current other economic fundamentals (i.e. lowest interest rates in a generation yet nobody borrowing - hence supply isn't increasing as fast, lowest wage growth in a generation, we are now officially in a recession, unemployment at record rates and whatever else this 1 in 100 year pandemic does economically etc....). It just isn't that simple and never has been, which is why I said the inverse correlation between the two doesn't necessarily hold because there are too many other economic variables that the wikipedia article or wherever it comes from doesn't take into account, never has, and never will. Lastly, if you know a little bit about MMT you will be aware that the Keynsian view that this perceived 'wisdom' is drawn from is no longer the new "economics wisdom" kid on the block, and I think some of Frumps appointments (Mnuchin at least), follow MMT. Anyway, I don't want to get flamed, or turn this into an economics lesson war, so I'm going to bail at this point.