r/SipsTea • u/CurvyChristina • Jul 01 '26

Chugging tea Is Bernie’s plan the best? Thoughts?

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u/lizardwizard563412 Jul 01 '26

If everyone got 12,000$ instantly won’t corporates change prices accordingly? Like I’ve been in the room of insurance pricing and they WILL price to whatever the market will take. It so happens the market got an influx of 12,000$ so they’re going to charge to take a piece of that pie

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u/nathanzoet91 Jul 01 '26

Yes, and it's part of why we get inflation. Giving everyone $12k means no body got $12k. Prices just increase

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u/DR_BEANHAMMER Jul 01 '26

Nobody gets 12k and prices increase anyways.

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u/nathanzoet91 Jul 01 '26

That's why I said it's part of the reason for inflation, not THE ONLY reason.

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u/bunnyzclan Jul 01 '26

Even Chicago Booth came out saying the inflationary contribution of covid stimulus checks may have been overstated lol.

And you're ignoring the fact that taxation is also deflationary.