Australia's stimulus was distributed largely as a blanket...

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    Australia's stimulus was distributed largely as a blanket style.

    This method resulted in many companies and individuals receiving excess cash that wasn't essential to help them out cause
    they weren't adversely economically disadvantaged by COVID or lockdowns.

    In this case free money creates a bubble in the economy and people splurge increasing consumer demand.

    ie the increased velocity of money! rather than the expansion of money supply.

    Dire Straights , Get ya money for nothing.......
 
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