QE is a very, very, very dangerous game to play. It is what killed the Wiemar Republic of Germany. It caused Argentina's hyperinflation, twice.
Compared to Biden Obama's economy was good. Compared to everyone else Obama presided over the worst unemployment since FDR. Just over half of the country was receiving some kind of government assistance. He was a dismal president who, as it was recently revealed, was actually stopped by the Tea Party. He would have been just as bad as Biden because, unlike Biden, he was a true communist. That all he knew and it is what he was raised on.
Biden is criminal who discovered political life was a legal form of crime. He is one of the ones who got rich from politics. He would sell his grandmother, if she was still alive. He is wholly owned by China and the Ukraine through Hunter Biden. Hunter just launders the money that China and the Ukraine funnels to Joe. He set that deal up while vice president. Now he is just a puppet because of senility. He's not running the country, he's just doing what they are telling him to do.
If you notice in that graph the printing got steeper under Obama and then again under Biden. Like I said, Trump never turned off the faucet that Obama left open. That is to his detriment.
It is not a prediction. It is what is happening. This is the Great Reset. The WEF, Biden and everyone else involved in the Reset are proponents of Modern Monetary Theory. QE is just how it manifested a few times. MMT is the idiotic notion that if the government needs huge sums of cash to spend on something, like the Green New Deal, they just print it. Lots of it. However many trillions they need. And although the Green New Deal failed in Congress, it is being piece mealed into law through the White House.
The "economists" who are proposing MMT all fear inflation but they believe that the government will be able to control it through legislation. This is why we have the Inflation Reduction Act which is guaranteed to create more inflation. The morons are not living in reality. They have a theory which any economist (even the ones proposing it) knows will cause inflation. It is not might cause inflation but will cause inflation. Too many dollars chasing too few goods.
We are on the road to hyper-inflation and we have passed all of the exits unless we get the Democrats out of power before it happens. But even then it is probably too late.