this post was submitted on 05 Oct 2023
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UBI works too (lemmy.world)
submitted 2 years ago by HonoraryMancunian@lemmy.world to c/memes@lemmy.ml
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[–] Peaty@sh.itjust.works 2 points 2 years ago

It happened because a large number of people had a pool of unspent money, some/much of which was the stimulus packages, who were competing for similar goods such as housing.