All over the world governments and central banks are addressing the pandemic crisis with three main sets of measures:

• Massive liquidity injections and rate cuts to support markets and credit.
• Unprecedented fiscal programs aimed at providing loans and grants for the real economy.
• Large public spending programs, fundamentally in current spending and relief measures.

The economy is the heart of the social body. If we shut down the heart of an organism to safeguard the hands and brain, the body dies.

The data on deaths and infected from the Covid-19 coronavirus epidemic is alarming. Let us remember the deceased, the infected and their families, and applaud the response of civil society, businesses, and citizens.