4Plex: I see no confusion. Fed & Govt are going to save US (mainly) and Global economic system (secondarily) with inflation. It is also true, a majority of us, particularly Americans will become poorer.
There is no contradiction; we will have to amputate legs to save life. To prevent 1930s style depression, we have to accept 1970s style inflation. I am sure everybody will agree we would rather have a replay of painful 1970s than even more painful 1930s.