Current Events > California is sending $1050 Stimulus Checks to "fight inflation."

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DepreceV2
06/27/22 3:06:20 PM
#1:


I dont get it. Yes, the money will help the families struggling with inflation but this just makes the problem worse right? Its temporary relief that causes even more inflation. Seems like a very poor idea to me.

https://www.cbsnews.com/amp/news/stimulus-check-california-inflation-relief-payments-23-million-up-to-1050/

https://twitter.com/cagovernor/status/1541260071455571968?s=21&t=jAMdyiIbqrdxKXZXnozwgw


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ElatedVenusaur
06/27/22 3:08:11 PM
#2:


Its good to help people whore struggling. Giving them a thousand bucks is a drop in the bucket compared to rampant speculation by investors and chronic supply chain issues.

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DepreceV2
06/27/22 5:25:56 PM
#3:


Im surprised there is no interest here. Either loving the stimulus or hating it was expected. But nothing?

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RISEofCHRISTIAN
06/27/22 5:27:27 PM
#4:


where money

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BearlyWilling
06/27/22 5:28:29 PM
#5:


Im assuming they are setting thresholds for this, no?

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#6
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Dakimakura
06/27/22 5:29:35 PM
#7:


Make the corporations there pay it.

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CM_Ponch
06/27/22 5:29:44 PM
#8:


October?

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yemmy
06/27/22 5:31:26 PM
#9:


CM_Ponch posted...
October?

They don't want you to forget about this before the election

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ViewtifulGrave
06/27/22 5:46:46 PM
#10:


Shut up and let me receive my money.

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ReDaZnDraGoN97
06/27/22 5:47:52 PM
#11:


RISEofCHRISTIAN posted...
where money


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Derwood
06/27/22 5:48:56 PM
#12:


It won't cause inflation if they are using money that already exists (and there is a massive surplus in CA).

Trump printing $2 trillion is what causes inflation
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Lunar_Savage
06/27/22 5:49:38 PM
#13:


I guess they don't realize the definition of insanity is repeating the same thing over and over expecting a different result.

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theAteam
06/27/22 5:50:13 PM
#14:


Dont have kids and make too much so looks like I dont get anything.

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theAteam
06/27/22 5:51:15 PM
#15:


Derwood posted...
It won't cause inflation if they are using money that already exists (and there is a massive surplus in CA).

Trump printing $2 trillion is what causes inflation

Yeah we had a $90 billion surplus this year. But a lot of it came from federal handouts so it may still be part of it.

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Awards
06/27/22 8:19:36 PM
#16:


Does one have to have kids to qualify?
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Questionmarktarius
06/28/22 1:44:15 AM
#17:


I have no problem with this.
Entitlements need to be a state thing anyway.
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noisetank
06/28/22 1:45:30 AM
#18:


where money gav

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MattcheteGuy
06/28/22 1:50:16 AM
#19:


RISEofCHRISTIAN posted...
where money

said someone who is known for having welched hard

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DarkBuster22904
06/28/22 1:52:48 AM
#20:


$1050 should be just enought to buy a family of 4 lunch in California.

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NoxObscuras
06/28/22 2:00:30 AM
#21:


https://gamefaqs.gamespot.com/a/user_image/7/2/8/AAQgjdAADY-Y.jpg

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Naysaspace
06/28/22 2:02:19 AM
#22:


DepreceV2 posted...
this just makes the problem worse right?
no not really

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kingdrake2
06/28/22 2:59:49 AM
#23:


Naysaspace posted...
no not really


agreed. it would help but it's only a band-aid.

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indica
06/28/22 3:08:58 AM
#24:


RISEofCHRISTIAN posted...
where money
Don't you still owe a lot of people money on here? New account doesn't change that >_>

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Pepys Monster
06/28/22 3:11:09 AM
#25:


Lunar_Savage posted...
I guess they don't realize the definition of insanity is repeating the same thing over and over expecting a different result.
That isn't the definition of insanity.

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CADE FOSTER
06/28/22 3:13:03 AM
#26:


We all deserve more money gimme stimmies fuck inflation let the country collapse gimme stimmy first
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marthsheretoo
06/28/22 3:15:58 AM
#27:


RISEofCHRISTIAN posted...
where money

I take it you'll be using it to pay your debts on CE?

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TentacleDemon
06/28/22 4:26:39 AM
#28:


Pepys Monster posted...
That isn't the definition of insanity.
At least they didn't also try to claim that it was a quote from Albert Einstein.

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MICHALECOLE
06/28/22 5:11:23 AM
#29:


Wheres my fucking band aid
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CloudThunder
06/28/22 5:37:14 AM
#30:


theyll come and get it back,they always do.
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kingdrake2
06/28/22 11:27:47 AM
#31:


CloudThunder posted...
theyll come and get it back,they always do.


it's true. when i saw increase on my yearly checks. inflation took that money away :(.

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CommonStar
06/28/22 11:34:37 AM
#32:


We have a surplus. People are struggling, this will help them. It's not even that much and people will be spending it immediately anyway.
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_BlueMonk
06/28/22 11:37:31 AM
#33:


"look i know your children are starving and dying, but if we just give you money itll only make it worse. have you tried eating lentils?"

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Bishop9800
06/28/22 11:38:49 AM
#34:


RISEofCHRISTIAN posted...
where money


Where's my money you owe me?

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Sackgurl
06/28/22 11:46:09 AM
#35:


DepreceV2 posted...
this just makes the problem worse right
no, inflation is caused by monetary policy not fiscal policy

in this case we have supply chain issues driving it as well

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WingsOfGood
06/28/22 11:57:29 AM
#36:


DepreceV2 posted...
this just makes the problem worse right?

No.

Inflation doesn't happen cause of stimulus checks. People who said such were big banks who don't actually care about the issue and were lying.

Inflation jumped long after no stimmys were given and unemployment was horribly gutted.
huh

how
however could that be!?!?!
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Butterfiles
06/28/22 12:09:30 PM
#37:


_BlueMonk posted...
"look i know your children are starving and dying, but if we just give you money itll only make it worse. have you tried eating lentils?"
Economics is astrology for men, change my mind

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Kingbuffet
06/28/22 12:13:09 PM
#38:


They have a revenue surplus, its not coming from printed fed money (most of which goes to corporations)

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