The United States printing too much money is just insane

At this moment the United States is experiencing an unprecedented amount of inflation. Apparently this is mainly caused by the Federal Reserve printing way too much money. This amount is just staggering. It has been estimated that in the past 18 months the Federal Reserve has printed more money than in the preceding entire history of the United States combined.

For an unfathomable reason they seem to have forgotten one of the most basic principles of economy: A country cannot get richer by simply printing more money. Printing more money will not boost the economy.

What happens if a country prints excessive amounts of money, which does not correspond to the actual GDP of the country, is that the value of the money decreases. In other words, a greatly accelerated (and detrimental) inflation.

Printing excessive amounts of money does not make the country richer, nor does it boost the economy. It isn't even a zero-sum game, where the economy of the country isn't affected. It's actually detrimental to the economy of the country, and it actually causes people to become poorer.

Why? Because the value, the purchasing power, of the money that people already own gets diminished. Also, it's very unlikely that salaries will increase to compensate. At least not that fast. It's unlikely that every company will suddenly raise the salary of every single employee by 30% overnight, if the value of money decreases by that amount.

So what ends up happening is that existing money that people own becomes less valuable, and all salaries get effectively smaller (in terms of the value, the purchasing power, of that money). (Salaries might eventually raise to compensate, but it's probably not going to happen as fast as the accelerated inflation is devaluing the money.)