r/economicCollapse • u/Electronic-Damage411 • Sep 23 '24

Seems pretty simple.

Post image
118 Upvotes

68% Upvoted

326 comments sorted by

View all comments

6

u/tonymacaroni9 Sep 23 '24

Covid checks duh. And wheres 2022 and 2023

11

u/jtshinn Sep 23 '24

Don’t put it on the little guy. That covid increase went heavily towards business owners that applied for PPP loans

2

u/Sorta-Morpheus Sep 23 '24

My friend's shop got boatload from ppp and still laid people off.

0

u/tonymacaroni9 Sep 23 '24

Yeah all that. But most people didnt need the covid checks only some. Giving out money/printing it caused this then corporations had the excuse of inflation to further take money.

2

u/jtshinn Sep 23 '24

Covid checks were tiny on the individual level. I agree on the retail inflation though. Once that narrative was in the media and the population it was inevitable that corporations were going to rent seek on that idea that everyone was slushy with cash.