4 ms·
Individuals and businesses received direct payments in the form of stimulus checks. I have to think also money got into people’s hands by lending as the banks a
by joelegner 3y ago
Individuals and businesses received direct payments in the form of stimulus checks. I have to think also money got into people’s hands by lending as the banks are how the new money gets into circulation. That’s my layperson’s understanding of a very complex system.
- whateverman23 3y ago> Individuals A few thousand dollars 2-3 years ago? > Businesses Payments that, at most, kept wages the same? ----------------- People need to stop using "people are getting free money and that's raising inflation" excuse. Prices are rising and people are going into their savings or credit to keep spending. That's it.
- whateveracct 3y agoYeah the business money in theory was just to keep people on payroll