They can print all money that is needed and send to everyone but would it not create run away inflation just because people then expect the Fed to print when necessary?
the FED is a quasi gov't institution. Kings and Queens used to owe banks money(gold) to finance wars. the FED is very powerful that it can print money that isn't backed by gold or any assets....but FED does have rules... by creating additional dollar bills the FED is diluting the value of the dollar currency. money is receipts of goods or all the assets in the country,. fiat money was originally backed by gold, but now the dollar is as good as the credit worthiness of the issuing country or bank(FED) third world countries have untrustworthy banks cause they keep printing money without any regards to dilution and their GDP (assets) is very small so their currency is worth less than the USD.
what would happen if the USD is no longer a foreign reserve currency and just currency used within domestic transactions or like any currency. that day is coming sooner than you think. Why doesn't the US have any YUAN or Yen? USD used to be backed by gold until 1970...for a reason,,, the gov't was in debt from the Vietnam war and needed to borrow lots of money....
US has the most&best weapons and this far better than gold which is backed by some freakish religions. Why do you think Russia and CHINA buy so much ? For protection. It works for US. And looks like US coming out in the best shape globally... As this truth comes out slowly and occupies more and more heads, markets will stop rising and reverse for a while but not just yet, looks like.