So if money is debt(true with the exception of stimulus money) and the demand for money/debt can go down.
But since all the debt comes with interest, there is always a floor demand for money, or just as much to cover the interest for the previous loans.
Are you sure that this money isn't debt?
Positive that the government doesn't owe that money back to the FED?
I never checked.
Not a 100%, it was just how I thought it is... but it might be a gov debt ... or just bonds