USA - Shutting down the economy triggers a depression? Print money.
Stock market experiences fastest 30% crash in history? Print money.
Municipal bonds collapse because the bond markets don’t believe cities and states will be able to meet their debt obligations? Print money.
The economy still hasn’t come back because state officials continue to keep their economies on partial or complete lock downs? Print money.
The economy isn’t coming back fast enough despite vaccines and states reopening? Print money.
Indeed, policymakers printed so much money to combat the impact of the COVID-19 lockdowns that if you add up all of the money the US has ever printed… over 40% of it was printed in 2020. And the Biden administration doesn’t intend to stop anytime soon. It has already implemented a $1.9 trillion stimulus. It’s now attempting to get a $2-$4 trillion infrastructure program signed into law. And after that it hopes to implement a $1.7 trillion climate change program. Inflation is already roaring. What do you think another $2-$4 trillion in money printing will unleash?