I'm not sure why some of the comments seems to be arguing over a point that's complete irrelevant to the key information revealed in this thread. No one in their right mind would think the fed physically printed those money overnight. It may not be money actually printed, but it's definitely money can be printed. The only difference is that with all the financial technologies and tools available, it doesn't have to be printed. Just like how we use credit card, it doesn't have to be physical money, but the money is there, dub, so HN please discuss on what's actually important here, will those money have an effect on everyday life? Eventually yes. And wealth disparity will certainly grow larger. You will need more money to buy assets, it will be harder to get rich. inflation on common good will only happen when everyone gets portion of the money; if it doesn't, it means everyone collectively have about the same to spend on day to day life. Yet, eventually, it will bites back, it means only some people have get the money printed, and those will be the wallstreet