Earlier quoted context omitted.
The sane/benovelent governments will probably switch to universal basic income, i.e. go deep into debt and just pay everyone money to live. And no, actually going into debt is not a huge problem, ask Keynes, or what happened in WW2; it was an emergency and governments borrowed and borrowed with no fear.
I never understood this logic, and I understand it even less now. If we have the industrial / economic capacity to provide everyone with necessities of life (food, water, heat, shelter, ...), why not just provide that directly?! No need to go via the "money -> essentials" route... that way you're only indirectly making landlords and grocery store owners rich. For this crisis, people are saying, give $1000 to everyone…
People prefer money to buy their own food over government-issued turnips.