The biggest driver of inflation was energy prices.
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betz24@lemmynsfw.com 7 months agoStimulus checks caused one of the best stock booms of this decade then immediately we had inflation. I don’t think stimulus checks are a well understood phenomenon
wagoner@infosec.pub 7 months ago
gamermanh@lemmy.dbzer0.com 7 months ago
Gee, I wonder if there was a massive, global event that could have had a big impact on the economy around the same time…
Much bigger than 2 checks to some people… Can’t put my finger on it…
Cryophilia@lemmy.world 7 months ago
PPP handouts to the corrupt rich?
butwhyishischinabook@lemmy.world 7 months ago
Noooooo this was a uniquely American phenomenon. We definitely didn’t fare better than comparable countries, and conservatives definitely aren’t forgetting that other countries exist… again.