Mmastodon BusinessEconomy first seen 2 d ago, last 2 d ago, peak #11

MAGA figures on CNBC push direct cash payments, sparking inflation questions

Original: The # MAGA on # CNBC # Squawkbox are suddenly telling me "we want to give away money" to US citizens from their tramp st

Supporters of Donald Trump appearing on CNBC's Squawk Box are advocating giving money directly to US citizens through new investment vehicles. Commenters note the apparent contradiction with earlier Republican claims that Covid relief spending caused inflation, asking whether these proposed payouts would drive prices up too.

Why now: The proposals contradict Republicans' own inflation arguments about government spending, making the discussion politically charged.

CNBCSquawk BoxMAGADonald Trump

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Evidence

• The # MAGA on # CNBC # Squawkbox are suddenly telling me "we want to give away money" to US citizens from their tramp stamp investment vehicles but is this causing # inflation ? Because they blamed # Covid relief for inflation but if Republicans are handing out money, it's not… · JaZone@universeodon.com

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