Another Stimulus

The government is very likely to be sending out another round of stimulus checks to Americans. This means more money printed, even though too much money is getting printed everyday. Since the first go round of stimulus, we have been saying that printing money will ruin the economy, and now here comes a second stimulus. The market got a nice boost initially after the first one, a little too soon in my opinion. Now that people are aware of the long feelings provided by this pandemic and by quarantining, it will be interesting to see where most Americans dump this stimulus check this time instead of the stock market. We are now aware of the reality of most people’s work situations and the impact the virus has had on every day life, yet we are still to find out how it will affect people returning to education. Perhaps these checks will be spread out more over necessities or saved directly rather than invested. I’m not sure what exactly will happen, but I am intrigued to say the least.

-Darnel Shillingford

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