What used cars tell us about the risk of too much inflation hitting the economy
Could too much cash cause problems for the US economy? Used-car prices soared 17% nationally in seven months in 2020 — the most of any product. Rachel Siegel and Andrew Van Dam use this example to explore the concerns that President Biden’s $1.9 trillion stimulus package could bring on a risky cycle of rising prices across the nation’s economy.
From The Washington Post