The US government is not a business, its typical income is taxes. This policy of printing trillions of dollars to, essentially, give a loan to banks, all the while devaluing USD for every holder, sounds like a new form of taxation.
Was there actually any inflation caused by that? I keep seeing people saying inflation has been stagnant for a decade. I wonder what would have happened to the USD if the economy were allowed to implode the way it wanted to, perhaps the "inflation tax" would have been more desirable.
Asset inflation because of low interest rates. It’s made the rich much richer and put housing out of reach of many young people.
There is nothing inherent in the world which declares investment banks must be subsidized by working people. Once they make that the case, and convince the public it is so, people willingly allow themselves to be robbed.