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Will There Be More Stimulus In The US?

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First published at 20:09 UTC on June 18th, 2021.

sultanofsmug

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I've been arguing that inflation is not transitory and will continue to run hot so long as unproductive people are being given newly printed money to go out and consume the goods produced by the rest of the population who is still gainfully employed. That argument falls apart however if the flow of free money to ordinary Americans comes to a screeching halt in September...

https://www.realclearpolicy.com/articles/2021/06/15/a_record_benefits_cliff_is_coming_thanks_to_democrats_american_rescue_plan_781384.html

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