One could argue stimulus inflates the bubble even more especially if it just goes to wealthy people. The worry there is that it seems to be the only way to prevent a crash; so if there’s another pandemic, war, series of natural disasters fueled by climate change, drought/famine they just print more money and inflate it even more. Just keep pulling the lever until it breaks.
Or maybe it never breaks and we should just pull the lever a bunch today and buy our way out of all the worlds problems.
Or maybe it never breaks and we should just pull the lever a bunch today and buy our way out of all the worlds problems.