[NickC25]

Don't forget that that 1.7 trillion was largely forgiven, especially in the case of some of the largest recipients. The president at the time made sure that there was absolutely zero oversight of the corporations that got money, and of course that's going to cause problems.

Yes, printing money wildly leads to inflation. Nobody is arguing that it doesn't. Giving the poorest members of society means the velocity of that money (or the M1 number) doesn't actually cause rampant inflation, as it stays in circulation because it is used quickly.

Giving 1.7 trillion largely to corporations who don't NEED it causes inflation. A corporation who sits on that cash (and then doesn't actually have to pay taxes on that cash, nor actually distribute it to employees) does cause inflation, because that's a whole lot of money just sitting around instead of flowing through an economy.