Works out to a little over $20,000 per person in the US. Does your family feel $20,000 times each family member? I have 5 in my family and that would work out to $100K ... I sure don’t feel 100K richer.
This is worse than debt. Our debt has not increased by $7 trillion. The money supply has increased by $7 trillion which means that our purchasing power has already been stolen from us. This money will never be paid back because it is newly printed money. It was never existing money that was borrowed from anyone.