[akhatri_aus]

> export your inflation in the world

Which country has the US exported its inflation to? Venezuela? Apologies for the tongue-in-cheek but even an economist would not be able to reconcile why there isn't really any inflation amongst the major economies.

[dash2]

Actually economists do believe the US gains leverage to print money from the dollar's status as the world reserve currency. The key phrase is "exorbitant privilege", from a phrase coined by Valery Giscard D'Estaing in the 1960s, and there is a book of the same name by Barry Eichengreen. It's true that this hasn't been used because independent central banks have been restrained since the 1980s. But in general it's still true that US monetary policy has a huge effect on the rest of the world. For example, the Latin American debt crisis of 1980s was linked to the tight monetary policy of Paul Volcker.

[kylell]

When you print money you devalue existing money, if the holders of the existing money keep holding it, keep trusting it, the devaluation is much smaller.

The inflation if visible in asset prices, eg. a painting would sell for half a billion dollar, all these companies being evaluated at billions of dollars, now holding billions of $ as state reserve doesn't look so big anymore.

[akhatri_aus]

> When you print money you devalue existing money

Unless those billions in asset price increases buy less consumables than they did before QE, there isn't any inflation in the US yet, it just means Americans are richer.