Americans Reportedly Have 5 Trillion Dollars In Cash Due To Stimulus Checks

Essence Magazine:

By Jasmine Browley· Updated November 23, 2022

During the height of the pandemic, a national stimulus relief package put much-needed cash in the hands of millions of Americans. But nearly two years later, the question many economists are asking, is exactly how much money was shelled out? About $5 trillion.

According to a recent Bloomberg report, US Federal Reserve data shows that by the second quarter of this year,

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