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The explanation is a little more complicated and varies by sector but is far from unsubstantiated.
by madoublet 3y ago
The explanation is a little more complicated and varies by sector but is far from unsubstantiated.
- pwinnski 3y agoThe "explanation" confuses correlation with causation. It is true that during the pandemic, with two stimulus checks from Trump and one from Biden, average savings increased, and many companies saw that as an excuse to raise prices to try to drain that savings. But that savings was not evenly distributed, and the timeline doesn't quite work. It's a word-association fallacy.