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Lv 4
Carlos asked in Social ScienceEconomics · 2 months ago

Is the 2 Trillion dollar stimulus going to cause rising costs in rent , food , product and goods across the country in the near future ?

5 Answers

  • JuanB
    Lv 7
    2 months ago

    Food is more likely to rise because of the scare itself causing panic buying, profiteering, hording, and logistics problems.  Those are more likely to cause any change than the stimulus package.

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  • 2 months ago

    It depends on how much the aggregate demand reacts. If economic actors don't spend the money, there won't be any rise in any of the above.

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  • Oiy
    Lv 6
    2 months ago

    No, the reason is obvious. Even the gas price is now at the bottom. Of course, the price will rise in the future, but from the lower base. And you income will rise faster if we can beat the virus.

    • Lv 4
      2 months agoReport

      intersting point, also, it will vary among items: overall, however, its likely to reduce price levels do the the stabilising effects re future net present values etc; and petroleum pricing is currently somewhat more than usually messed up due to external factors etc

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  • Anonymous
    2 months ago

    of course it is , it will disappear in the pockets of politicians and us officials 

    it's steve menuchin spraying money out of trump's pockets 

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  • 2 months ago

    Based on the past...probably. 

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