I am wondering, based on your example, in times of a pandemic such as the one we're going through right now or in times when the economy is severely disrupted, if not with the printing of money out of thin air, is there any way we could possibly maintain liquidity and keep the economy floating?

In times when business operations are halted and people losing their jobs and therefore their money and purchasing capacity, too, is there any way a government could avoid injecting additional amount into the supply?

We have been criticizing this basic fiat feature which allows the Fed to signal the treasury to print money in any amount necessary. This is devaluing the money, bringing down its purchasing power, pushes prices of goods and services up, and so on.

However, all this is temporary. It is an emergency measure so to speak. It is not as if it is only all about cash inflation all the way. Cash is actually being inflated and deflated all the time, with the overall economy in mind. This feature allows any economy to weather through the hard times. This is something that shall never happen in an economy which is supported by a money which has strict and fixed rules hard-coded on a protocol.