[netman21]

And another question: How can the Fed/Treasury pump Trillions of dollars into the economy with apparently zero concern for inflation? My grade school understanding is that every dollar "printed" devalues all the money by that amount. I buy silver shares thinking it will go up with all this increased money supply. But no.

[kyshoc]

I don’t know much more than you on this, but I’ve seen this explained as such: inflation requires the injected money to actually be circulated in the economy in order to dilute the value of the currency. of the money distributed to companies and individuals during the pandemic, how much of it went to everybody’s “rainy day funds” and war chests? Most folks I know that are on unemployment right now have touched <20% of their funds, and Americans just hit a record savings rate[1] last month. Schwab has an article[2] that explains the monetary effects of this better than I.

[1]: https://www.cnbc.com/2020/05/29/us-savings-rate-hits-record-... [2]: https://www.schwab.com/resource-center/insights/content/stim...

[scottporad]

Yes, great question! I'd like to know that too!