So the government decided to keep printing money and bail out failing businesses through out the US. After PPP loans, we know there were a lot of frauds claimed PPP loans. As of today, the government is trying to do another ppp loan named employment retention credit.
This program basically stated if a company hires or keeps their employees, they will get free money from the gov.
This will continuously hike inflation and pretend our economy is doing good. Employers or frauds will get these free money to purchase real estate, luxury and stock markets, but they will never help the workers.
So guys, expect a continuous inflation hikes. These employers and frauds will not spend a penny or raise your paids a penny.