Monetary policy isn't fiscal policy. QE is just a way of lowering interest and by itself does not significantly increase inflation. We've QE'd plenty of money s

Monetary policy isn't fiscal policy. QE is just a way of lowering interest and by itself does not significantly increase inflation. We've QE'd plenty of money since the recession without inflation. Japan QE'd even proportionally more money for much longer and has experienced even less inflation. QE makes lending cheaper, which enables businesses to produce more goods and services, so you don't have the effect of "more dollars chasing the same goods." Even when the government spends more money than it collects from taxes, it's still not necessarily inflationary so long as if it's a productive use of money (e.g. public transportation increases employment opportunities). The main difference from Covid relief was that lot of money was simply created with no good purpose at all, so it fell into the category of "more dollars chasing the same goods."