"By dropping 1.5T into the market the fed hoped the financial system would increase circulation enough to stimulate transactions" I believe this is wrong. Nobo

"By dropping 1.5T into the market the fed hoped the financial system would increase circulation enough to stimulate transactions" I believe this is wrong. Nobody's increasing or trying to increase the amount of money by a large amount. They're just trying to provide a lot of money to be borrowed in the short term, which should have absolutely no inflationary effect. And it's vital to be able to borrow money, because everybody needs to deal with a crisis now rather than in a week or month or year. It's just about taking resources from the future, not taking from the rest of the world.