Quote:
Originally Posted by Yoda
I recently read an interesting article about the Billions of dollars that were syphoned off from the Federal gov't for Covid relief. I wonder if this has been a factor in the sharp uptick in card prices. My guess yes and how.
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Somewhat related fun fact:
Student loan payments on federal student loans are scheduled to start up again in September. Although estimates vary, the monthly amount of those payments could be as high as $10B across the entire country. Monthly! While it might feel like all $10B of that extra spending money is going into cardboard every month, there’s no question that there will be a lot less spending money for some people starting soon.