alt Hacker NewsEven the Covid crash, as bad as it was, was over in a month. Stocks rocketed to new highs faster than anyone could have ever anticipated.
Even the Covid crash, as bad as it was, was over in a month. Stocks rocketed to new highs faster than anyone could have ever anticipated.
This stock recovery was so fast because of an external factor, governments injected money into economy, but the price was inflation.
" Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points. "
https://reason.com/2023/02/02/covid-stimulus-spending-played...