[OscarCunningham]

> If this is true, then what's the catch? What then are the adverse affects of the Fed printing money? Does it not inadvertently devalue the dollar? Why not double, triple, or quadruple the "stimulus" if it is, as you claim, appropriate and without any noted trade-offs??

This is a good question. The answer is that the virus and lockdown are currently causing lots of deflation. So the Fed needs to cause lots of inflation to cancel it out. But if they did four times more then that would be too much and would cause inflation to be far too high.

Personally I suspect the the Fed has undershot and we'll see net deflation over this year and the next.

[_curious_]

"Personally I suspect the the Fed has undershot and we'll see net deflation over this year and the next."

And then what happens?

[OscarCunningham]

Depends how bad the virus is.