Keep in mind what has happened with all the billions already put into circulation...the dollar has risen internationally. Actual printed dollars are a small fraction of the money used in the global economy.
A couple of telltale signs will be falling prices for everyday goods and a large jump in unemployment.
In stagflation, demand for goods was always there. Money was available for borrowing, even though the interests costs were high. That is not the case now...there is no money to loan and demand for goods is going to drop tremendously. Pricing, jobs, and wages will fall accordingly.
The dollar is rising because Europe is in worse shape. All this money the fed is pumping in will jack prices. This frozen lending crap is nonsense. There is money.
When the fed starts begging for people to buy Treasuries to fund the next round of congressional happy horse-—t the rates will rise. Start to watch not the rates but the yield curve.
“That is not the case now”
‘Now’ is not the issue it is what is coming.