One of the Chinese MO’s is starvation.
This economic choice - which will cause inflation in the long run - was made to stop Americans from starving in the streets 20 months down the road. It was a choice between really bad and ‘really much worse’...
No one’s pretending it was a good choice - just the best available at the time.
A much better choice is a TAX REBATE to individuals and businesses. No “funny money”, no side-effects, no inflation, if fact just the opposite - working to stop inflation.
The only side effect is shrinking government but that is EXACTLY what we want and need.