I am now 95% certain that 'they' are wrong about the threat of deflation. I no longer even believe that this is what 'they' believe. What they are doing is to try to salvage businesses (which, for the most part are bankrolling the politicians) for the sake of the business owners. The flood of newly-printed public money going into the financial markets will result in hyper inflation on a scale never experienced before in the UK or USA.
Jobs will not be saved. These businesses are producing goods and services for which there is a dwindling market.
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