I think a lot of people just assumed that QE 2009-2022 was adding to the money supply, but any impact it had just pales in comparison to covid relief funds, whi

I think a lot of people just assumed that QE 2009-2022 was adding to the money supply, but any impact it had just pales in comparison to covid relief funds, which were $6 trillion in less than two years. Look at this graph of the money supply. https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL