 We find that both policies are effective if strong enough , and we highlight the potential danger of terminating these policies too early .
<meaning-changed>  We find that both policies are effective if strong enough , and we highlight the potential danger of terminating these policies too early .
 We find that both policies are effective if strong enough , and we highlight the potential danger of terminating these policies too early , although inflation is substantially increased by lax access to credit. Finally, we consider the impact of a second lockdown.