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It's the unfairness which bothers people. >Even if you give $500 to every citizen, that does not mean affordability will increase because inflation can increas
by FridayoLeary 1y ago
It's the unfairness which bothers people.
>Even if you give $500 to every citizen, that does not mean affordability will increase because inflation can increase proportionally. This is because even with increased money, each citizen is buying goods amongst the same quantity of goods as before.
I know. I thought those covid payments proved it. Everyone got a temporary financial boost, which was great, but they ended up paying for it threefold with rising inflation. As far as i can tell the only people that did really well from it were the banks. The whole policy was well intentioned and completely misguided.