Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Pandemic checks were from expanding the money supply IIRC rather than distributed taxes on the already very wealthy. These are very different mechanisms. What they did (expanding the money supply) drove inflation way more than the actual money in people’s pockets. Otherwise you’d have argue people shouldn’t get paid because it causes too much inflation.


Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: