Indeed. However, if it is necessary to reduce output in order to control the virus, it surely must be fair to distribute that loss evenly. Hence the point of h

Indeed. However, if it is necessary to reduce output in order to control the virus, it surely must be fair to distribute that loss evenly. Hence the point of helicopter money is exactly that - to ensure that those who are unable to work (and have no other source of income) do not carry a disproportionate burden through this situation. EDIT: Furthermore - if you give someone who is broke $1200, they will likely go out and spend it on food and essentials - hence significant (for them) resources are allocated towards them. If you gave the same to a multi-millionaire, the chances are that it would have zero effect on their consumption. Likely it would end up in their bank account (if they could be bothered to cash it) - where it would contribute to the slight erosion of the value of money.