When the dollar declines relative to the value of
foreign currencies, the prices of imports rise. That increases prices in
the general economy. Why did the dollar decline?
Could it have been; workers staying home and the government
sent them $1200 compounded by the price of gasoline and diesel climbing to new
highs, Government spending for pork projects - especially roads and bridges
that were to be financed by road fuel tax.
The government stimulus
programs enacted during the COVID-19 pandemic are Good examples of expansionary
fiscal and monetary policies; As inflation began to rise rapidly in 2021 and
2022, many economists agreed that these expansionary The government stimulus
programs enacted during the COVID-19 pandemic are policies, which put a
significant amount of cash in Americans' pockets, had played at least a partial
role in driving up
prices.
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