One of the most common questions I get asked is precisely the one which constitutes the title of this video: why exactly hasn't there been a problem with high inflation in light of all the money printing that has occurred after the Great Recession. From Fed (Federal Reserve, the central bank of the United States) to ECB (European Central Bank), pretty much all central banks have engaged in various monetary easing programs, with many experts expecting... well, (high) inflation. Needless to say, we now know that didn't happen and in one minute, this video explains why. Does this mean that the aggressive stimulus measures adopted by central banks and governments this time around (to combat the 2020 economic crisis) cannot lead to inflation? Of course not, and this is where things get complicated. The bottom line is this: as the video explains, the key to figuring out whether or not high inflation is likely to represent a problem revolves around following the money. In approximately one minute, we'll be doing just that.