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[–] • 0 pt

The money stock in January 2020 was $15,419.8 billion. Today it's $19,411.3 billion (fred.stlouisfed.org). That's a 26% increase. In other words, 26% of all dollars in existence came into existence in the last year. Unless you can say the GDP increased by 26% then that means 26% inflation is coming. You can't just increase the supply of money, hold GDP constant, and not have the value of money drop proportionally.

[–] • 0 pt

GDP is a terrible measure of wealth produced.

[–] • 0 pt

I think it's highly unlikely that 25% of all wealth ever created was created in 2020 during the midst of widespread lockdowns. If those new dollars don't represent something, they can only diminish the value of dollars.

[–] • 0 pt

Indeed. I would be very surprised if actual wealth didn't significantly decrease.