I don't see how printing a bunch of money while reducing the number of goods and services available for purchase due to lockdowns is going to help the economy. I have seen grocery prices go up at the supermarkets. McDonald's value menu is more expensive. These big corporations see all the CERB, CEBA money that people are getting and think to themselves, "I'm going to raise prices and get myself a piece of that."
I have noticed utility prices go up too. Water, electricity, telecom, probably heating too.
We already have a big recession.
I don't see how printing a bunch of money while reducing the number of goods and services available for purchase due to lockdowns is going to help the economy. I have seen grocery prices go up at the supermarkets. McDonald's value menu is more expensive. These big corporations see all the CERB, CEBA money that people are getting and think to themselves, "I'm going to raise prices and get myself a piece of that."
I have noticed utility prices go up too. Water, electricity, telecom, probably heating too.