[fortheDeclaration]

They buy assets, such as buildings and land, with checks that they write, hence creating money, while not actually printing it.

It becomes an accounting game.

Yes, the money will stay in the system, the only thing that can heal the economy is a massive contraction (a bust), which will allow prices to drop and clean up the malinvestment.

The Fed. government won't allow it to happen so the economy is going to be get worse and worse until the Government cannot prevent a crash and the dollar destroyed.

[Toddsterpatriot]

They buy assets, such as buildings and land, with checks that they write, hence creating money, while not actually printing it.

The Fed doesn't buy buildings and land, bonds only.