when COVID-19 first hit the news in our country, to March 2022, the Fed increased M2

From March 2020, when COVID-19 first hit the news in our country, to March 2022, the Fed increased M2, the broader measure of the money supply, from $15.5 trillion to $21.7 trillion. That 40 percent increase was unprecedented for any major industrial economy except in wartime. The increase alone comes to five times the largest number of dollars either China or Japan have ever held. https://www.twincities.com/2022/08/28/real-world-economics-is-there-a-masterplan-to-chinas-u-s-treasury-bond-sales/#:~:text=Yes%2C%20when%20China%20sells%20U.S.,raising%20short%2Dterm%20interest%20rates.