You don't need a math PHD to completely understand what is going on with the economy. How, for example, with the multi-trillions being printed we have not yet devolved into hyperinflation. The following is only a snip of the article. It explains the gist for even the math challenged. Follow the link below the snip to read the full article.

Keep in mind that math is THE method of expressing universal truths. One can bend truths, but when it inevitably snaps back to reality, as it must, the outcome is quite unpleasant. It can be deadly.
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(begin snip)..I think this may be the most important economics piece I ever write. This came to me at Mass as I was thinking about Monetary Theory and how to explain to folks why it is that we have not had Weimar Republic/Zimbabwe-like hyperinflation given the massive, unprecedented money and debt creation by the Washington D.C. and European banker-oligarch regimes over the past decade. The realization made me gasp audibly.

First, the question. Why HASN’T there been hyperinflation? Why ISN’T a loaf of bread $100,000 by now?

The answer, which I did know, even from my ridiculously bad college days of Keynesian drivel, is because the VELOCITY of money is very, very low.

INFLATION is defined by the equation MV = PQ. Now stay with me, because this is actually really easy to understand.

The M stands for Money – the Money Supply, which includes both money (both physical paper currency and zeroes and ones of computer servers) AS WELL AS CREDIT, because in today’s world credit is also just zeroes and ones on computer servers. If you have access to credit, say a credit card, you can go out and purchase goods and services, no? Well, that’s money too. So “M” is all money plus credit.

The V stands for Velocity. The Velocity of Money is the number of times a given dollar turns over in a given period of time. When Velocity is high, consumers are putting their money out into the economy – spending it. Dollars don’t sit stagnant in bank accounts or under the mattress when Velocity is high.

The P stands for Price and is self-explanatory – the price of goods and services.

The Q stands for Quantity – how many goods and services are produced.

This is an equation, and thus it must ALWAYS, ALWAYS BALANCE. This is mathematical reality. To deny it is to deny the very metaphysical foundations of the universe. But, in today’s sick, depraved world, people have been contra-educated and indoctrinated to believe that even the laws of mathematics are non-rigid and malleable according to the whims of man. But mathematics is a subset of reality, and reality is God, so to cross math is to spit at God Himself. And God will not be mocked. Math always wins.

Here is how it works. Let’s use Weimar Germany. In the early 1920’s, inflation was so bad in Germany that it was quoted not as percent PER YEAR, but percent PER HOUR. People would be paid in Marks, and then literally run as fast as they could to the market square and buy tangibles such as bread... (end snip)

http://www.barnhardt.biz/2016/02/29/the-mark-of-the-beast-explained-mv-pq-with-totalitarian-control-of-velocity/