Alternate reality, no Covid V shaped recovery. What would the world look like?

Thoughts on world where Fed didn't go full nuclear (INFINITE QE) to prop up markets. You can make the argument we are in the mess now, due to actions taken in March 2020. Dropping interest rates mades sense, but the disastrous PPP and QE led to the Covid inflation of 2022. Would we be better off, if we had taken our medicine back than? Without V shaped rebound, Trump can't claim record stock market for his term (he was saved by the Fed). His term as President is remembered for the disaster it actually was. Likely don't see inflation as high as 9 %, less anger at Biden administration for cost of living crisis. Less wealth inequality. Curtis Yarvin is seen as crackpot conspiracy theorist, not prophet by the broligarchy. Elon Musk doesn't get the insane wealth from Tesla, doesn't have the money to buy twitter.