People aren't starving to death because of COVID-19, and though a lot of people are out of work and many are staying at home rather than venturing out to the grocery store, they're still buying stuff like crazy online.  Why do you think Amazon's stock is through the roof right now?

So I don't think that's why we're not seeing any hyperinflation (and I'm talking just about the United States here) when by all rights we should be.  With all this money that's being printed and all the unemployment benefits and the stimulus checks, it baffles me why prices for basic goods and services haven't shot to the moon.  Nor have I heard a good explanation for it thus far--but my gut is telling me that it's coming.  If not hyperinflation then at least high inflation.  It's like people are putting all of their money into the stock market and bitcoin, because those two asset classes actually have been pumped up to insane levels in the past year.

I don't know where you're from, but in the US all the stores are open and milk is for sale to everyone who wants to buy it.  I don't know if the price of milk has gone up or not, but I'm not so sure that it'll spike when all the lockdowns across the world are lifted.  You might be correct, but we'll see.