Knock-on effects of Biden's $1.9 Trillion Pandemic Relief?

[Lumpy]

Has "money" become infinitely malleable?

With the disruption of industries by the corvid-19 quarantines, there is talk of managing the resulting financial crisis by manipulating the economy in a variety of ways: simply giving everyone money to spend, freezing enforcement of debts, bailouts for shuttered businesses, even debt forgiveness. In classic economic theory this sort of manipulation is considered unsustainable given that ultimately people won’t work for free forever and that human input is necessary for producing wealth, and tha…