That is the amazing thing about the current situation. Huge amounts of money are being created out of thin air and handed out almost for free but the rate of inflation remains so low it's a matter for concern, apparently.
It doesn't make sense.
When the Harold Wilson government in the UK quietly printed an extra 10% of currency to fund all their projects it created 10% of inflation and all hell broke loose. That made sense at the time. So what's changed?
