I find it absurd that US, UK, Germany keep adding nominal GDP via Inflation but face no consequences due to their relatively strong currencies. Is there really no repercussion or downsides ? Is cost of living crisis the only negative outcome ?

Current US GDP – $32.38 trillion USD

US added avg of 6% nominal GDP per year since Covid and only 3% of it is real and other half is inflation. That's 10-11 trillion USD out of which 5 trillion USD is real growth, that's absurd . For comparison China added a total of 3 trillion nominal GDP USD from 2021-2026.

US Real GDP growth from 2019-2025 is 17.65%. A lot higher than other western economies but US had 30% Nominal GDP growth since Covid. US REAL GDP FRED

UK Nominal GDP went from $3.1t in 2021 to $4.25t in 2026.

UK Real GDP growth from 2019-2025 is literally 5.3%. UK REAL GDP FRED

Yet UK added 6.6% avg yearly nominal GDP growth matching India's 6.8% avg yearly nominal GDP growth since 2021. For comparison India's Real GDP grew at 40% from 2019-2025 India REAL GDP FRED

Germany hasn't recovered its economy to pre covid strength, Literally 0% real growth compared to pre covid. yet it went from $4.36t in 2021 to $5.45t in 2026.

Germany REAL GDP FRED