Re:It’s mostly a demand shock, not a supply shock, and it’s ...
by croutonwagon on Tuesday November 09, 2021 @08:36AM
(#29161519)
That and I believe I read that most people used the stimulus to paid down/off debt [1][2]. I would suspect at least a portion of those used that opportunity to also take on more debt down the line as jobs came back
[1] https://www.census.gov/library/stories/2021/03/many-american...
[2] https://www.businessinsider.com/half-of-americans-used-1400-...