The Economic Disaster of the Pandemic Response

"In other words, all the curves inverted once inflation came along to eat out the value of the stimulus. In reality, all that “free money” turned out to be very expensive. The dollar of January 2020 is now worth only $0.87, which is to say that the stimulus spending covered by the Federal Reserve printing money stole $0.13 of every American dollar in the course of only 2.5 years."