The progressive issue many progressives don't seem to like

[cthulu2016]

17. Increasing the "money supply" does not

Increasing the "money supply" does not cure non-inflation because the way we increase money supply to to authorize banks to lend more. But in a deflationary environment people don't want to borrow. (Notice how the lowest mortgage rates ever have not repaired the national housing market.)

Japan more than doubled her money supply in a 10-year period without ever creating inflation. We have done something similar.

Somebody has to borrow that money supply and spend it. Congress should do that, but the republicans (and many dems) won't borrow and spend right now.

A government can, however, always create inflation but increasing the physical money supply... giving actual money to the people who will spend it. If enough currency was dropped from helicopters on the populace the value of money would eventually go down (and prices up).

Sending everyone a check is equivalent to the helicopter drop, of course. No real aircraft or currency notes are needed.

But congress has to borrow that money (and thereby create it) and won't.