Quantitative Easing(QE) was introduced to the US in 2008 as a temporary fix.

Since then, we have not been able to stop doing QE because there’s simply not enough buyers of our debt to support the level of government spending.

In recent years, each slug of QE easing has been bigger than the last:

Sept 2012: $40 billion per month

October 2019: $60 billion per month

March 2020: $120 billion per month