International Economy Observations, Issue No.6, 2021. Observation and Thinking about High Inflation in the U.S
Two administrations of the U.S. turned to printing more money to cope with the impact of the COVID-19 pandemic and downward economy. As a major world currency, its excessive issuing definitely will hurt the global economy badly. Therefore, it is urgent to keep an eye on and prevent the spillover effect of the Federal Reserve’s quantitative easing policies.