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Because doubling the amount of dollars in the past year or so is not at all worrying for "transitory" inflation. Dont be naive, it's coming. The politicians have kicked the can down the road for decades and had they not bailed out the bigs in 2008 and during this past 2 years we would be bankrupt. Its a house of cards. They are going to push us into a war to escape the inevitable.

No no no! You see velocity of money has decreased and productive output has increased. People don't like to spend the new money. Therefore inflation is low, do not be fooled by the Austrian tricksters suggesting otherwise.

You mean the monetarist tricksters. They assume the velocity is constant.

Governments go to war to stop deflation, not inflation.

As you lower the interest rate below liquidity preference people will simply hold onto their money because they are speculating on higher interest rates.

If hyperinflation is a knowable event, you'll already be in it. People would instantly spend their money if they knew hyperinflation was coming, making it a self fulfilling prophecy. It's really meaningless to make such statement about any currency that isn't already in hyperinflation.

You can see the future, impressive