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However, the Wall of Receipts on the site verifies less than $65 billion in savings.
Here are five things you better know abouttheir potential impact on inflation.
On the other hand, if the government borrows the money, he said this will directlycause inflation.
However, it will have a deflationary effect in the long-term.
This is due to the borrowed funds being directly injected into the economy.
Any other moves will cause at least some level of inflation.
This would minimize the impact on consumer demand, which leads to inflation.
Ultimately, she said how people use the money would be a key factor in its economic impact.
Timing Is Important
Uncertainty surrounding tariffs has brought the economy to a fragile state, Maitre said.
If inflation is already a concern, these checks could add fuel to the fire, she explained.
But if we enter a recession, they could help stabilize demand without driving prices higher.
Timing is everything in life including the impact a DOGE check could have on inflation.
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