3 ms·
"governments transferred a massive amount of money to households". This isn't true in the UK, yet the article mentions a lack of truck drivers here - that's mo
by stuaxo 5y ago
"governments transferred a massive amount of money to households".
This isn't true in the UK, yet the article mentions a lack of truck drivers here - that's more likely to be due to Brexit and then not wanting to come back after being treated badly last winter.
- ale_jrb 5y agoThe furlough system transferred a large amount of money to households, because people had substantially reduced expenses (due to not having to commute, and service-based industries being closed, for example) but only slightly reduced income. This is generally true in most countries: although the exact mechanism was different, people ended up with more discretionary income and fewer services to spend it on, and so demanded more goods.