Can the Bank of China Cut the Debt?

The idea is to make the economy as workable as it was before the crisis. The Federal Reserve could create enough credit to keep most employees of law for jobs able to break even most restaurants and most renters who are unable to do business. They'll owe a debt to the Federal Reserve that will continue to keep them afloat. And then when the crisis is over and the vaccine is in and life goes back to normal, the Fed would say, okay, we've provided the credit. Now we can just wipe it out and life can go back to normal.