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To: EEGator

“Can I have every penny of your “useless money”?”

When everybody gets that $2000, the price of goods and services goes up.

It’s no different than a $15 minimum wage. It just causes prices to increase do much that the money disappears.


34 posted on 12/28/2020 5:18:50 PM PST by Meatspace
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To: Meatspace

1. “We” won’t be getting 2K, but $600

2. If every other variable was fixed, you would be right, but they aren’t. How many are unemployed now vs pre-covid? Labor force participation rate? Underemployed? UC benefits expired? CC bills haven’t been paid while interest accrues? (now at a higher percentage) What’s the cost now vs pre-covid to fly? Rent a room? VRBO?


35 posted on 12/28/2020 5:27:57 PM PST by EEGator
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