There are hundred of publications at this point in time, stating that a big chunk of the stimulus money is going to be used by regular joes and janes to buy crypto, and even though I'm not necessarily against this, I can't help but to think that it's definitely going to backfire on the US government.
Eviction moratoriums as far as I know are still a thing, and I suspect that if you are behind many months on rent, the $1400 is not going to really solve it all. You likely have other monster problems nipping at your heels.
The very nature of FIAT is that it's devaluation promotes spending, and thus moves the economy forward. But, there's a spectrum of "healthy" inflation numbers that we should be following in order to not throw everything off.
All this being said; The necessary pluralism in economics that allows us to run experiments, Is also the main reason why these solutions are incredibly divisive.
If there is no need to feed the bubble for the sake of political power, then we should be seeing reality settle in very soon. As a matter of fact, there are some markets that already have began the shift, and you wouldn't know it unless you paid close attention.
To give you a hint, the time to refinance your home and lock in stupid rates has already passed.
