Except the page linked is the FEDs balance sheet of assets they bought with printed money which is predominately used to buy our government's debt so they are actually basically reducing our governments debt assuming they never sell it like japan. Considering they barely sold any assets from QE during the longest expansion in the history of our country, I'm betting we are going to follow japan on this.
Relevant link that dforrestwilson posted: https://www.huffpost.com/entry/sovereign-debt-jubilee-japane...