/biz/ - Business & Finance

>>49424289
the markets are shit because of the last stimmy

>>49424388
kek imagine thinking this
>markets not shit for the constant money printing to bail out failing corporations like banks and "too big to fail" corps
>doesnt know how to add up us population multiplied by stimmy payouts and compare it to the multiple billions if not trillions of dollars that were paid out to businesses
>"the markets are shit cause of the last stimmy"
god for every 99 people i interact with, 1 seems to even hit triple digit IQ
>mfw

>>49424388
The simmys are just returning some of the money you paid in taxes. How is that responsible for inflation?

>>49425123
have you read anything before ?
>>49425255
>As U.S. prices continue to rise by rates not seen in decades, it’s become clear that the stimulus came at a significant, unintended cost: inflation
>The stimulus had big economic benefits — but it also fueled inflation
https://fivethirtyeight.com/features/were-the-stimulus-checks-a-mistake

>>49424388
t. melon husk

I think we might get one before mid-terms. It will help the demonrats win.

>>49424289
no we don't

>>49425637
the problem isn't the stimulus checks, its the fact that they stopped sending them.

>>49425123
Where do you think all that money went to? Oh, right, people coomsuming products and services. What was the period in which the S&P rallied the most in the shortest amount of time? Oh, right, stimmies season, because of the relentless coomsuming.
Who actually won and benefited? Titanic corpos. If you're criticizing corporate welfare, I really can't think of anything worse than another stimmy.

>>49425255
Im a NEET and got 2k-2400 dont know what you’re talking about, not like the government holds on to the money for safe keeping anyway. Its not a bank they spend it so they need to print more retard

>>49424289
facts, straight into NEAR my next stimmy goes

>>49424289
The fed would be bankrupt if they do another stimmy.

>>49426664
In your case, yes that helped raise inflation. But if your taking $10000 of someone's income through taxes, then giving them $3400 back, that's still net taking money out of the economy.

>>49426701
Yes, I would put mine in NEAR, Celo and CNDL probably. I think it's coming.

>>49424289
Sweety just take 10k student loan(if you're a burger). Its free stimmy and will not be redeemed.

>>49425123
DK
>>49425255
it _is_ inflation. there's no "returned" money, the treasury does not have a positive balance. every single government outflow is money-printing, an increase in the supply of dollars. inflation.
prices moved accordingly, after the fact.
income taxes don't even cover the interest payment on the outstanding public debt for the year they're collected.
>>49426514
>the problem isn't alcohol it's that my body shut down so i stopped drinking beer. if i kept drinking i'd never have a hangover!
>>49426748
a central bank isn't a real bank. it doesn't "go bankrupt," and the US dollar is actually up vs. foreign currencies because they're all in worse condition than we are, yet again.

>>49427242
The total amount of stimulus money was $803 billion. But the government's tax revenue for 2021 was $7.68 trillion. So the money that was poured via stims in was already removed almost 10 times over in 2021 alone. The inflation must be coming from something else.