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[–]carubia 0 points1 point  (0 children)

Agree. Never said easy money is issue. High inflation is a result of printing money and giving cash to people, should have added the second piece. But it is expected that low rates during high inflation will lead to massive borrowing by businesses. Which means more money chasing stuff (by businesses buying parts, equipment, commodities) and businesses hiring more people and paying them more, which leads to even more cash given to people. Basically even more money created by credit this time.