BESSENT: WE HAVE FULL INTENTION TO PASS THE $5000 CHECKS FOR AMERICANS
dawg if they print another $1.3T, or even another $500B, into rate hikes...higher yields...worst diesel prices in years...
how are we not going to have more inflation lol
feels like it'll come through as some tax refund vs a direct $5000 payment
because yes that $5000 will come into the economy but it will be funded through printing money which we dealt with already in 2020...it led to horrible inflation and 500bps of rate hikes in one year
does not seem practical but the admin continues to say they are trying to explore the option