My confusion about inflation expectations

With a massive downturn in consumer spending because of the pandemic, deflation on a bunch of goods is likely .. right?

But there's also a supply side shock essentially doing the opposite in certain areas of the economy.

Also, "printing" tends to benefit the wealthy and usually increases inequality.. but we have an unusual occurance of cheques going out to regular people that might possibly go on for a little while.

How does all the above play out inflation wise?? What are your expectations for money going directly to people going forward?

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source https://www.reddit.com/r/StockMarket/comments/gh6e6n/my_confusion_about_inflation_expectations/

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