4 ms·
Why do you compare with unemployment graph and not the wages if you want to prove that raising wages don't cause inflation? Not only the US had been paying addi
by pandaman 3y ago
Why do you compare with unemployment graph and not the wages if you want to prove that raising wages don't cause inflation? Not only the US had been paying additional unemployment benefits directly, there were also indirect money injections via PPP, student loan repayment moratorium, rent moratorium etc. Even now my mortgage bill comes with text along the lines of "if you are getting COVID assistance disregard this bill" so I imagine there are more of these programs and at least some of them are still in effect.