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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.
How We're Helping Walmart Customers Access Their Economic Impact Payment, Safely
How to use your Economic Impact Payment prepaid debit card without paying a fee
Federal Reserve - New York Magazine
We're Paying For Coronavirus Stimulus By Printing Money
Millions of stimulus payments were mailed as prepaid debit cards. Some say they look like scams.
Jerome Powell - Intelligencer
State Stimulus Checks Are Inflationary? Not Particularly.
What to Know About All Three Rounds of Coronavirus Stimulus Checks
Coronavirus stimulus checks: 120 million Americans have received money
Money - Intelligencer
Monetary Policy - New York Magazine
Federal Reserve - New York Magazine