Good commentary, await with interest the next
All based on the assumption that the virus will be controlled and we all go back to work. Can the economy survive if / when the second wave hits?
Interesting...printing enormous amounts of currency without a corresponding increase in goods and services will NOT cause inflation. I never did really understand economics, I guess!
Looks like the conservatives will have to resort to M.M.T. Sugest the treasurer get in touch with Prof Bill Mitchell or read his book Macroeconomics published 2019.
For an insight into whether on not Government debt is sustainable a book worth reading is Seven Deadly Innocent Frauds of Economic Policy by Warren Mosler, available here: https://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
Interesting you say "Hoarding of cash: Low interest rates can lead to individuals and businesses saving high amounts of cash instead of spending" I thought it was the opposite! Why save if you don't get good returns? Instead, why not borrow when money is cheap and spend?