Some interesting points but some of them are not internally consistent:
Author claims that the stock market is up because people are sitting at home day-trading driving up prices. Then a few paragraphs later claims that cash is king and people are unlikely to spend.
Author claims that 2009 Fed spending made sense because it was an aggregate demand issue. That was not very clear then as it was unclear that many of the mortgage-backed securities actually had a positive value. Coronavirus in comparison is much more clearly a demand issue (people are effectively being ordered not to go out and spend).
Author claims that the stock market is up because people are sitting at home day-trading driving up prices. Then a few paragraphs later claims that cash is king and people are unlikely to spend.
Author claims that 2009 Fed spending made sense because it was an aggregate demand issue. That was not very clear then as it was unclear that many of the mortgage-backed securities actually had a positive value. Coronavirus in comparison is much more clearly a demand issue (people are effectively being ordered not to go out and spend).