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>I think it's naive to say that 6 TRILLION dollars of stimulus and a sharp rise in inflation that followed it is unrelated $850 billion was distributed to Amer
by callmeal 5y ago
>I think it's naive to say that 6 TRILLION dollars of stimulus and a sharp rise in inflation that followed it is unrelated
$850 billion was distributed to Americans via stimulus checks (over a year, amounting to aboutn $266/month).
The remainder (5 TRILLION) was distributed to corporations and the Feds plunge protection team.
https://www.washingtonpost.com/graphics/2020/business/coronavirus-bailout-spending/ https://www.washingtonpost.com/graphics/2020/business/corona...
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Billions more went to the Federal Reserve to help stabilize markets, ...