None of the replies or comments above has addressed my questions: According to "The Bitcoin Standard" book,  U.S. prints an average of about 7% more money per year and China prints an average of about 20% more money per year over many years or decades. Why the actual average yearly inflation rates seem to be less than half of those numbers? Why the huge injection of U.S. dollars after 911, 2008-2009 Great Financial Recession, and 2020 Health and Financial crisis don't seem to cause any jump in inflation but only the mild or steady inflation many or most people desire?

We need more experts' input!!! Thanks.