By Quoth the Raven
The fact is that I just don’t care about how the bowels of the system works. I don’t need to care. All I need to know is that money creation as a method of “solving” recessions can’t continue in perpetuity: the dollar amounts necessary for bailouts become astronomical, too quickly, and inflation becomes a pressing issue. Then, as we are now, Central Bankers get stuck between an “inflation vs. recession” rock and hard place. It’s a flawed system that once exploited a loophole (money printing) to slap band-aids on problems.