I'm not an economics expert, but I suspect this is because "existence of capital" and "access to capital" are quite different.
Put another way, abundant capital exists, but sadly it is disproportionately concentrated and not that readily available to the masses, so demand-pull inflation inevitably kicks in.
herodoturtle|4 years ago
Put another way, abundant capital exists, but sadly it is disproportionately concentrated and not that readily available to the masses, so demand-pull inflation inevitably kicks in.