In the short term, what we'll see is asset prices rising. Real estate and the stock market will go up because they'll be flooded with money, and that money has to go somewhere. So now, we are seeing high unemployment or underemployment with record highs on the stock market. How does that make sense? The official employment rates in the US might sometimes look OK, but it's all BS. Many of those people are working two, three jobs and still can't pay rent or are living in poverty.

In short, they're printing money to keep the large corporate players afloat. That's who it's benefiting.

You were right about the stock market and house prices. It seems to be defying gravity. We've broken all kinds of records in the past few months - highest ever, fastest ever rise, shortest ever bear market (set in the middle of Covid!)... And all this through record infection levels in Europe and America and electoral chaos in the US for good measure.

I wonder what happens with the money printing economics - does it get put back in the box at some stage or do we just print money forever now?

Why don't we print money to address climate change? Can we just buy everyone a new electric car? Buy land back for reforestation?

As you mentioned, why not print money to fix the health system, homelessness etc?