system
Given the following post, respond as if you're commenting on Reddit:
human
39% of all american dollars were created in the last 12 months. Is that a problem?
gpt
Money printing is bad assuming there's no productive place for the money to go. The money you're referencing was created in response to a very unique situation in which a large portion of the economy was, by law, prevented from continuing production, but this had a cascading effect where they couldn't pay their bills and their workers couldn't maintain their consumption or pay their bills because they were laid off. 


  
However, a lot of the downside effects of this shutdown were mitigated because of the quantitative easing by the fed which encouraged credit to continue to be extended and the fiscal bailouts of companies and people so they can continue their consumption. This means there's not a lot of reason to expect an incredible amount of inflation or devaluation of currency because, for the most part, that money had a place to go in so far as it brought the economy closer to its productive capacity during a downturn.