Another Round Of Stimmy Checks?

[buzzkill]

From my limited point of view - The stimulus is part of the reason we are in the situation.

And at this point, I really don’t see a way out of this situation. shyt is just going to be high AF for the rest of our lives.

Yeah breh they are trying to make it so you need to make 6 figures just to stay above water out here

 

[itsyoung!!]

 

[B86]

How about we stop sending money for foreign aid when we can’t even take care our own people? Or stop blowing money trying to be world police and shyt? Wouldn’t this put more money in our citizens pockets and stop this inflation shyt?

 

[Big Blue]

More stimmy will inevitably mean an uptick in spending. That spending might be on consumer goods. If those goods happen to be groceries that are already in short supply, price will go up with demand.

On the coli, money printing will be cited as the #1 reason for the highest inflation in ages and NEVER the unprecedented supply chain issues or the fact that demand is the same or going up. Low supply+high demand=what? Money printing did not empty store shelves. It did not make chips hard to get to produce cars. Money printing did not cause shipping trucks to have shortages of workers to move and later restock said goods. The pittance of stimulus for regular people is not the cause of all this inflation and the fact that folks do not get this at this point is ridiculous.

Inflation is really about supply and demand though. The more money that's in circulation the lower the value of the US dollar. Since those other things are mentioned are being floated by debt and taxes, they really don't attribute. But the government printing money that they won't get back is.

I'm not saying it's right just breaking it down. Another stimmy WILL make inflation worse.

 

[Youhadasparkwhenustarted]

People only claim giving money to normal American citizens causes inflation.

No mention of printing money being an issue when its given to corporations, military contractors, or wealthy people.

Most brainwashed country on earth other than North Korea.

feds printed 3 trillion to prop up the stock market id think that do more to affect stocks than a stimmy

 

[buzzkill]

feds printed 3 trillion to prop up the stock market id think that do more to affect stocks than a stimmy

All of that shyt got us here. Trump and biden let that money printer go crazy.

 

[Youhadasparkwhenustarted]

Unfettered capitalism taking away purchasing power from poor people and consolidating it in the hands of rich people who will only hoard is another big reason we're here. Give a stimmy to poor people and it goes right back into the economy because poor people HAVE to spend to get by. Because they need things to decompress with.

 

[Ricky Fontaine]

Yall fake militant nikkas kill me. Problack until its time to give a nikka some crumbs then yall start sounding just like a cracker. I hear that welfare queen trope here more than I hear it from anybody else.

 

[Wild self]

Yall fake militant nikkas kill me. Problack until its time to give a nikka some crumbs then yall start sounding just like a cracker. I hear that welfare queen trope here more than I hear it from anybody else.

They hate that. Some of them,should bleach their skin

 

[acri1]

President Manchin would never allow another stimulus, so it's a moot point.

That said, main cause of inflation is supply chain problems, not stimulus checks.

 

[CreepyMcCreeperson]

Bean Pie, Problack y’all
It’s always the same idiots saying this shyt but quiet as a church mouse when the government gives bailouts to corporations and lobbyists
Gotdamn I’m really starting to hate all you nikkas on this site

Corporations employ people who need those jobs to survive. If they go under, 100s or 1000s of people end up unemployed. Do black people not work for corporations?

 

[CreepyMcCreeperson]

They hate that. Some of them,should bleach their skin

The point of the stimmy was to supplement INCOME because of lockdowns. Pretty much everything is opened back up now.

 

[brandy]

It will only make inflation worse, and the money only flows to the rich who in turn don’t trickle the money downwards. Folks didn’t take the money to the mall, they took it to the grocery store, bills, etc.

CapitalismSucks

 

[Wild self]

It will only make inflation worse, and the money only flows to the rich who in turn don’t trickle the money downwards. Folks didn’t take the money to the mall, they took it to the grocery store, bills, etc.

CapitalismSucks

No, the people suck

 

[OneManGang]

Y’all are sheep. Take basic Econ classes and regurgitate your limited understanding of how things are going. This “inflation” we are seeing has less to do with money being printed and a whole lot more to do with companies realizing that Americans will pay whatever they ask for. Inflation is real but not at this rate we’ve been seeing