The actual issue here is the Fed helicopter dumping into asset markets dwarfed stimulus checks to individuals. That is why it makes no sense to blame it on stim

The actual issue here is the Fed helicopter dumping into asset markets dwarfed stimulus checks to individuals. That is why it makes no sense to blame it on stimulus checks. The CARES Act allocated $560 billion in individual relief checks. The Fed asset purchases for 2020 is the $3.4 trillion number. That's more than 6 times as much.