9: Inflation, Stimulus & the CARES Act

As talks drag on about the second round of government relief packages, we take a look back at the first one. The CARES Act promised both relief and stimulus for small businesses, the healthcare industry, and millions of individuals who were struggling. The CARES Act cost over 2 trillion dollars, but at the time most of us just saw the benefits. We weigh the effects of the stimulus aspect by exploring concepts like inflation, production, consumption, saving, spending, and how these concepts can help us to understand the full ramifications of the CARES Act.  

Music: Beauty Flow by Kevin Macleod.  

Photo: Sharon McCutcheon on Unsplash.