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A comment on U.S. Consumer Prices Rose Strongly Again in May. Parent comment

Re:U.S. Consumer Prices Rose Strongly Again in May by seibelj on Thursday June 10, 2021 @10:36AM (#27461253)
Stimulus checks are not debt - that’s helicopter money. And the “loans” made to businesses do not need to be repaid, or have 0% interest and are automatically forgiven after N years.
[ Parent | on HN ]
Re:U.S. Consumer Prices Rose Strongly Again in May by nodesocket on Thursday June 10, 2021 @10:51AM (#27461419)
PPP loans are not 0%, they are insanely low though at 1% interest. Also they are not automatically forgiven, you have to complete paperwork, and even then it’s likely that 100% of the loan won’t be forgiven.
[ Parent | on HN ]