[jaekash]

> And what are the long term consequences of even the perception of such behavior?

With the amount of gaslighting and misinformation being spread by people ranging from useful idiots to straight out antisemitittes and disintegrationists I think the behaviour of the federal reserve is not the biggest problem here and I would suggest you educate yourself to understand the problem before falling for some ragebate.

No debt is being forgiven, similar practices are being taken all over the world, in Germany their concern was that they could not do this fast enough to keep the economy from collapsing.

https://www.reuters.com/article/us-health-coronavirus-banks-...

> “Flooding the market with money is not enough. You need the credit demand, and you can only have credit demand if you can hand out the money,” she said.