Indeed, when the economy comes to a near standstill, the velocity of money decreases and this can be compensated by increasing government spending. If it is done correctly it won't lead to inflation. if necessary, the additional money can be removed from the private sector later, as needed, to control inflation.Oh I would say this is close enough. They’re basically saying they’ll push as much money as necessary into the public. We will see if there is any inflation to constrain them or not. I happen to think there is enough deflationary pressure to offset inflation