The federal reserve created 20% of all money ever created in the first year of the pandemic [1][2]. Which is absolutely mind blowing to me. The total cost of Co

The federal reserve created 20% of all money ever created in the first year of the pandemic [1][2]. Which is absolutely mind blowing to me. The total cost of Covid stimulus was over 5 trillion dollars. That doesn’t mean all individuals are well off, but there is no doubt that the economy is flush with extra cash. And since the number of physical goods had not changed, that meant inflation. Which honestly nullified any advantage people got from stimulus (which were temporary). [1] https://www.cityam.com/almost-a-fifth-of-all-us-dollars-were-created-this-year/ https://www.cityam.com/almost-a-fifth-of-all-us-dollars-were... [2] https://fred.stlouisfed.org/series/WM1NS https://fred.stlouisfed.org/series/WM1NS