Nobel Laureate Abhijeet Banerjee has recently asked India to print more money and transfer them to the poor class of people to increase demand in the market to tackle upcoming recession post COVID-19.
I would agree. Let tomorrow take care of itself. If there will be an inflation rate too high than what should be considered acceptable as a result of this, then the government and its monetary and economic teams will take care of it at the right time. They will cross the bridge when they get there. For now, the poor people, millions and millions of them are having an empty stomach. They urgently need food on the table.
Damn the torpedoes!