Inflation can be a at a standstill even if the government pumps boatloads of money into a sagging economy if and only if, the velocity of money is also sluggish. Velocity of money is the frequency with which a dollar is spent for a certain amount of money over a given period of time.
If the velocity of money is at a standstill there is nothing to inflate. Even if a given stock market swallows up trillions of dollars as the stock market collapses and misguided government printing money to financ
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