If too much currency is issued and the inflation rate exceeds 2%, then less is issued. As we said before, the current currency floods in many countries are due to the intensification of the global polarization between the rich and the poor.
All flowed into the financial market through the rich. Therefore, although money has been traded a lot, the inflation rate, which represents commodity prices, has not risen much, and the price of financial assets has risen mainly.
The Fed launched unlimited quantitative easing after the meltdown of US stocks, the number of US base currencies doubled, and US stocks quickly hit a record high, but the US inflation rate was calm.
Because once the Fed opens the gates and releases water, other countries must also follow up. This is the best way to avoid being cut by the United States. Therefore, in the context of simultaneous release of water by foreign central banks.
Our country will also passively issue additional currencies. The difference between us and the United States is only the amount of additional currency issuance.