Specifically, the survey found that 16 percent of Americans plan to spend more on holiday gifts this year. But with another ,200 stimulus check, 22 percent of Americans say they will spend more this holiday season. Somehow, Christmas spending has become dependent on government stimulus checks. But, remember, government stimulus is dependent on printing press money. And printing press money is dependent on the dollar retaining some semblance of value. https://www.zerohedge.com/economics/sisyphean-folly-printing-press-money
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Specifically, the survey found that 16 percent of Americans plan to spend more on holiday gifts this year. But with another $1,200 stimulus check, 22 percent of Americans say they will spend more this holiday season.
Somehow, Christmas spending has become dependent on government stimulus checks. But, remember, government stimulus is dependent on printing press money. And printing press money is dependent on the dollar retaining some semblance of value.
https://www.zerohedge.com/economics/sisyphean-folly-printing-press-money