The laws of economics always work; just like the laws of physics or chemistry. They're inherent in the nature of things.
Sure, that's why the stockmarket has been going steadily up despite the fact that we've been in a serious recession if not borderline depression for the past two years. Even the other day when their new jobs numbers reported the worst miss of expectations in 23 years, the market went up.
It's all fake. They just claim that they have a certain money supply. FIAT money doesn't exist and so normal economic rules don't apply.