My hope would be that crises like the current one would jar people and leaders to take action to build a better future. We can live better lives, but it takes commitment and action. Dumping a ton of printed cash into the economy is a poor bandaid in my opinion. How about investing in public transit, or renewable energy, or infrastructure, or education, or any number of things? When faced with the depression FDR mobilized the country to improve itself, and we’re still reaping the benefits of that work today.
The “business as usual” mentality just paves the way for the next crisis. I hope we can wake from our complacency and learn to do better. In the end the world isn’t an economy, it’s a biosphere, and our survival depends on it.
And now back to our regularly scheduled programming.