[Fig. (Untitled): Several rounds of stimulus actually left house-holds with more disposable income than would have been the case had pre-COVID trends continued. As a result, the economy was spared a worse hit than it otherwise would have received, but household spending helped fuel inflation once recovery was underway.] [Fig. (Untitled)] [Fig. (Untitled): The car industry is a good example of inflation driven by supply constraints rather than any surge...
[Fig. (Untitled): Several rounds of stimulus actually left house-holds with more disposable income than would have been the case had pre-COVID trends continued. As a result, the economy was spared a worse hit than it otherwise would have received, but household spending helped fuel inflation once recovery was underway.] [Fig....
[Fig. (Untitled): Several rounds of stimulus actually left house-holds with more disposable income than would have been the case had pre-COVID trends continued. As a result, the economy was spared a worse hit than it otherwise would have received, but...
