What you are describing are the real physical consequences of a global pandemic. What is QE? How can financial stimulus limit the physical consequences of busi

What you are describing are the real physical consequences of a global pandemic. What is QE? How can financial stimulus limit the physical consequences of businesses closing? QE can only redistribute wealth. This is an axiom. If we are lucky/played our cards well, this redistribution results in a more efficient economy overall. For example, because it alleviates overly risk adverse behavior by market actors. However, QE also reduces market efficiency by polluting the price signal. For example, by increasing wealth inequality. I feel this is a common misunderstanding. QE is treated like some magic wand to improve economic measures such as stock market valuations and profits. When the fed/gov uses tools like quantitative easing it should be obligatory for journalists to ask: "Why do you think this redistribution of wealth results in net positive impact on the economy?".