> But once everyone suddenly starts spending after a year and a half of lockups, suddenly there won't be enough product to go around.
People in need are already spending it to survive or to pay up debts they had to take on due to dysfunctional / non-existing social security networks. And even when the lockups eventually expire, many won't immediately splurge - because the next lockdown is only one mutation away.
For what it's worth I'd guess most of the helicopter money ends up at banks eventually by mortgage payments and student loan repayments.
People in need are already spending it to survive or to pay up debts they had to take on due to dysfunctional / non-existing social security networks. And even when the lockups eventually expire, many won't immediately splurge - because the next lockdown is only one mutation away.
For what it's worth I'd guess most of the helicopter money ends up at banks eventually by mortgage payments and student loan repayments.