There seems to be no limit to the amount of cash they are willing to wash this economy down with. Biden is rumored to be on the verge of forgiving college loans as well. It is as if they intend to crush capitalism by making the currency worthless. The question is what will replace the dollar when it collapses? Bitcoin? Gold? The Fed is doing everything possible to control all markets so that a realistic alternative to the dollar never appears. So far it is succeeding.
It ain't 'as if'... that's what they are doing. It is all that makes sense. Either that or they know it is already too late, so it's party on till the storm clouds come.
Except there ain't no replacing anything. The dollar will crash and we will pay the due. And the suck will be endless. Years. And in the meantime, communism will rise, clamp us down and make it even longer.
This stuff follows the same script every time.