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  • Americans’ Response To Inflation Is Not What Many Expected

    Forbes - 02/17/2022

    Americans have benefited from stimulus checks, unemployment benefits and other government programs during the pandemic. Coupled with lower spending on things like travel and entertainment, savings rates hit an average of 12% last year, up from 7.6% in 2019. “We’ve provided a huge amount of liquidity to Americans,” said Paul Chiou, a finance professor at Northeastern University.

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