The coronavirus might cause inflation — and that’s a good thing

Last week saw yet more grueling unemployment news. Since the coronavirus outbreak began ravaging the U.S., there have been 38.6 million unemployment filings, and 27.3 million people are now collecting benefits. Congress drastically expanded unemployment benefits and eligibility with the CARES Act, and it is clear that super-unemployment is the most important system keeping the bulk of downscale Americans from starving. Many are certainly still…