It lets them exercise more control over banks, because now they survive by being in the good graces of the regime.

At any time they can allow a bank to fail and banks that don't toe the line will fail. It's through those bank failures that inflation will be reduced.

Easy… the printing they are doing now is peanuts to the dollar destruction (deflation) on the horizon

This is going to create a massive credit crunch that will destroy credit dollars and create a massive reservation demand for US dollars to pay back other USD denominated debts (USD shorts)… magic… inflation disappears

What the fed doesn’t understand, is the deflation tidal wave coming that will bankrupt the system… they won’t let the system go bankrupt so they will print like mad! This is a similar cycle of excesses that stock markets and the Bitcoin market experiences…

So in the long run you are right! This does not fix inflation!

It doesn’t

That’s the magic of politics. In economic reality you can’t stop inflation with more printing and we all know it