And by extrapolation, different domestic actions could have avoided or mitigated the problem. Maybe throwing money at an economy (especially when the majority of recipients didn’t lose a dime attributable to COVID), creating additional demand, is not a good idea when the economy already has serious supply chain issues making sought after goods and services more scarce isn’t a good idea. Both conditions are inflationary, then you add one to the other. Ya think maybe the highest inflation in decades might result? Maybe?
As I said at the time, we could have done more for those suffering and spent far less and done far less damage. \_(ツ)_/¯ Is it just possible that loans and grants to the following companies in Kennewick alone were not necessary? http://ppprecipients.com/citysearch.php?state=Washington&sid=WA&cid=KENNEWICK