this post was submitted on 04 Sep 2025
1387 points (99.1% liked)

People Twitter

8103 readers
1089 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a pic of the tweet or similar. No direct links to the tweet.
  4. No bullying or international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician.

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] blarghly@lemmy.world 1 points 13 hours ago (2 children)

Didn't all the government payments also kick off a bunch of inflation? Seems like a downside.

[–] WoodScientist@lemmy.world 4 points 10 hours ago

Come on. Apply some critical thinking here. That inflation surge was in the middle of the epochal Covid-induced supply chain shocks. Moreover, there isn't some fixed quantity of widgets we can produce. It's easy to avoid inflation when implementing major income redistribution. You just do it gradually. The problem with Covid stimulus was that it had to be delivered all at once. But if implemented gradually, production can simply be scaled up to meet increased demand.

[–] electricyarn@lemmy.world 5 points 13 hours ago

Only because they fotgave every loan to businesses. The handouts mostly went the owners.