Inflation has been a problem in some countries, like in Turkey for example. If this continues then economies around the world will collapse and this experiment called capitalism will come to an end.Like I warned on here last summer Inflation is going to get alot worse on all things. Todays prices will seem cheap next year on all things especially anything with protein in it(nvm silicon),compared to todays insanity.
Which proves that 'free money' does stimulate the economy. The problem is that it does cause inflation because everyone knows you get this free money and will change prices accordingly. Also, it skyrocketed demand for certain products and the demand can't keep up. It also shows that raising the minimum wage would also have a similar effect as well. Wealthy inequality is a serious problem that has limited demand.Increased demand and people having 'free money' is affecting almost everything. I can't even buy a new kayak in the Cincinnati area even though it's not exactly prime waterway country; the boutique shops now have a waiting list 100+ orders deep. It's the same with bicycles.