>Monetary policy doesn't cure coronavirus, and until we see the end of the health crisis I don't think we'll see the floor of this ongoing crash. There's a Pla

>Monetary policy doesn't cure coronavirus, and until we see the end of the health crisis I don't think we'll see the floor of this ongoing crash. There's a Planet Money that talks about the virus and the economic response to it. The main takeaway is that it's completely misguided to think about economics now. The underlying problem is a public health crisis. One of people interviewed in that episode likened the administration's response to wringing out your shirt as a storm is rolling in, when in fact we should be seeking shelter to stay dry. https://www.npr.org/2020/03/13/815677688/episode-979-medicine-for-the-economy https://www.npr.org/2020/03/13/815677688/episode-979-medicin...