The country did spend trillions on COVID relief. I don't think that that qualifies as "monetary policy", but it is something Congress did to keep the economy g

The country did spend trillions on COVID relief. I don't think that that qualifies as "monetary policy", but it is something Congress did to keep the economy going. I think it's hard to say this didn't contribute to the demand side of the equation, since a lot of that COVID relief was put into the pockets of upper middle class small business owners. I personally know of several that are spending their six-figure paycheck protection "bonus" on some of the things that are in short supply right now (i.e., houses, cars, remodeling). In hindsight, these loans should have never been forgiven.