Nope imbecile, by mid-end of year they will start selling treasuries and the whole world will be buying and money will start coming out of the system...not yet though, prolly going to 1600 on the SP by end of March.
its called tax without representation. Inflation is a pure tax on everyone's savings and earnings. Retailers think they love it because they get to sell their stuff for more than they paid since debt benefits from inflation (pay back in cheaper dollars). Of course the elderly take the brunt since they are most likely to have their money in banks in one form or another.
Bottom line is bad bad bad but it has become a way of life to wipe out govt debt.