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Episode 391Mar 18, 2021

Where does the money for stimulus checks come from?

And will they drive up inflation? Today we’ll talk about it, plus vaccines, antitrust and leprechaun traps.

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Federal Reserve Chair Jerome H. Powell testifies before the House Financial Services Committee on Capitol Hill on June 30, 2020.
Federal Reserve Chair Jerome H. Powell testifies before the House Financial Services Committee on Capitol Hill on June 30, 2020.
Tasos Katopodis/Getty Images

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Stimulus payments are hitting bank accounts all over the country. Before they go out and spend that stimmy, one listener is wondering where the money for those $1,400 checks came from. We’ll explain, plus talk about the inflationary implications. Plus: a crash course on Big Tech antitrust and leprechaun traps.

Here’s everything we talked about today:

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The Team