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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.
Are Economic Payment Cards valid forms of stimulus money?
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Jerome Powell - Intelligencer
Where does the money for stimulus payments come from?
What to Know About All Three Rounds of Coronavirus Stimulus Checks
CAN Position: Who Should Pay The Bill For COVID-19 Recovery Measures? - Climate Action Network
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Federal Reserve - New York Magazine
Most Stimulus Payments Were Saved or Applied to Debt
Covid-19 Economic Relief U.S. Department of the Treasury
Money - Intelligencer
Where's My Third Stimulus Check? - TurboTax Tax Tips & Videos
Jerome Powell - Intelligencer
We're Paying for Coronavirus Stimulus by Printing Money
Where is the US government getting all the money it's spending in the coronavirus crisis?