The term printing money is way over used. The Fed expands its balance sheet by increasing liquidity. Once the crisis is over it takes the money out of circulation. If I give you a dollar and you give it to someone and they give it to someone and that person gives it back to me $4 was circulated but nothing was printed. People confuse this with the deficit. The deficit is meaningless unless its measured against something of relevence. The public debt is in far better shape than the average household in terms of GDP and national wealth. Also, look and see who owns most of the public debt.