how did government charity through those means cause inflation? how Did it affect production? did it affect demand? None of those payments are high enough to affect the buying power of the recipient, them checks are not that high and people who drive new cars are getting outside income because SS doesn’t pay that much
The PPP and unemployment cash was huge. People that were making $18K a year that lost their jobs were suddenly making $52K per year annualized. Billions of dollars turned loose on the public directly with no real increase in available goods to spend them on.