this post was submitted on 05 Oct 2023
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We literally just witnessed this with COVID shutdown. Im not sure why you think people getting handed money will not increase pricing as that is usually how things work.
No we didn't. Prices went way up after people had gotten their money from the government. And it really wasn't that much money.
Yes it is directly because they got that money that prices went up.
It happened because a large number of people had a pool of unspent money, some/much of which was the stimulus packages, who were competing for similar goods such as housing.