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Re:It’s mostly a demand shock, not a supply shock, and it’s ... by xadhominemx on Monday November 08, 2021 @10:44PM (#29157476)
Overall expenditures are still pretty close to pre-covid trend. Stimulus prevented aggregate expenditures from falling below trend, as they have in previous economic shocks. What’s happened is people have shifted spend from services (particularly healthcare and travel) to goods.

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