In my gut I hope they rethink that. Flooding the market with that much cash could exacerbate inflation because it is the flood of cash, however non productive/ineffective, in the Democrats' reckless spending that has kept inflation going like it has. But if coupled with a burst in good economic activity, it might be all right. For sure it would be helpful to those with maxed out credit cards because they couldn't otherwise afford groceries, etc.
Hearts are in the right place for sure, but I hope they are also really smart about it.