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by asdff
2242 days ago
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What do you mean? Everything is available online and can be delivered to your door. About the only thing I don't have access to is little boutique shops. I can even get weed delivered via app. That being said, I don't think anyone is looking to spend money with unemployment at 20%. People are using their stimulus checks to pay down debt and buy diapers. Belts are being tightened. Rent is not being paid. None of this is a recipe for consumer spending without a sustained injection of cash. $1200 buys three weeks rent in a 1 bedroom apartment in LA county. |
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If that's the case then you're living in the 1% (0.1%?) of places where this is available.
> None of this is a recipe for consumer spending without a sustained injection of cash.
A sustained injection of cash means nothing if it's just paper money without anything backing it. If people aren't out, you know, creating things to sell, then a continuously pumping out money means rampant inflation.