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The eviction moratorium ended, so did the $600/week. Presumably we should start to see a big deflation, and an oversupply of available housing as a result if t
by dghlsakjg 5y ago
The eviction moratorium ended, so did the $600/week.
Presumably we should start to see a big deflation, and an oversupply of available housing as a result if this theory is right.
- betwixthewires 5y agoWell the money is already in the economy now, the only way you see deflation is if that reverses, not just stops. You're probably right that as evictions begin to happen there will be a reduction in housing costs, so that is good. But as far as the new money circulating, the inflation rate might just go back to normal but the inflation that already happened is probably here to stay.