system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5 request - Michael Burry's inflation issue

In the past few weeks. Michael Burry, the famous big short guy, been sounding alarm saying how printing money is bad for economy and it gonna crash the market. In my simple mind, all these newly printed money in the system has to go somewhere, and most likely end up in company's, hence, market should actually goes up. What am I missing?
gpt
Inflation is everywhere and always a monetary phenomenon. Burry has been posting Austrian fearmongering. The money *has* been going somewhere - to fight deflation. Most of the inflation Hawks tend to forget that things like a global pandemic and massive unemployment are massively deflationary environments. 

Otoh there is a lot to be said for keeping an eye on inflation, especially given the fiscal stimulus that is coming up, but thus far, the Fed has proven pretty credible when it comes to fighting inflation.