"Quantitative easing (QE) occurs when central banks, such as the U.S. Federal Reserve, create new money to buy government bonds or other securities. Some people fear that it will cause high inflation or even hyper-inflation and that it is essentially money-printing, while others suggest that it has no impact on inflation because the money that is newly-created or “printed” gets locked away... Based on history and math, the inflationary side of the argument is eventually correct, but with a lot of nuance along the way." - Lyn Alden

Another amazing piece from Lyn Alden breaking down & "steel manning" the concepts of QE & MMT.  How they claim to work in theory and when they are/are not “money printing” and what their major failures are. This is a great one for making sense of the macroeconomic situation and trying to wrap your head around some of these very vague and often purposefully obscure concepts around monetary policy to get down to the truth behind what’s happening.