That's still a ton of money.
Discussion
Maybe pre 2008, not so much nowadays:
-US debt is $34T+
-Feds balance sheet is ~$7T
-M1 is ~$18T
-M2 is ~$21T
-2025 Federal Budget outlay is projected at $7.3T approximately $1T of which is interest payment.
…Even if it wasn’t just a little accounting trick it would be a drop in the bucket slightly strengthening the US dollar in the short term.