When the Fed does QE of $85 billion a month, the value of that comes from the existing dollars that you own. The Fed Digitally shaves off value from each dollar. $85 Billion divided by 110 million households equals $772 per family.
Fed Chairmen, Janet Yellen
The worth of newly printed money has to come from some where. The only place it can come from is a little bit of value from all the other dollars.