Debates over coronavirus stimulus have focused on whether the benefits of spending are worth increasing the national debt. But the U.S. government will never have to pay back much of that debt — because it owes the money to the Federal Reserve.
Stimulus Checks: Direct Payments to Individuals during the COVID-19 Pandemic
IRS mistakenly sends stimulus checks to foreign workers - POLITICO
The Economy - New York Magazine
Stimulus Check Status: 8 Million Americans Cut Out of $1,400 Stimmy Payments - Bloomberg
State Stimulus Checks Are Inflationary? Not Particularly.
Those social media posts about a fourth stimulus check? The IRS says no
Robust COVID Relief Bolstered Economy and Reduced Hardship for Millions
Federal Reserve - New York Magazine
Your Coronavirus Check Is Coming. Your Bank Can Grab It. - The American Prospect
Most Stimulus Payments Were Saved or Applied to Debt
In Texas, some risk losing their stimulus check to debt collectors
The Governments Were Financed Through by the Printing Press, And Now We Have Inflation - Blog - Austrian Institute