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Federal Government spending is a large contributor to inflation. It increased sharply during the pandemic and never corrected.
by bequanna 3y ago
Federal Government spending is a large contributor to inflation. It increased sharply during the pandemic and never corrected.
- trgn 3y agoPeople are spending the money they saved up during Covid on biggies (cars, home renovation , ...). More recently, sustained wage increases as well keep people spending (restaurants, travel, ...). Money really is washing out now. Wonder how long it will last.