Given how concerned Americans are about inflation, further government stimulus is unlikely.

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“According to macroeconomic theory, fiscal stimulus increases inflationary pressure. While economists may argue about the effects of inflation, few would argue that stimulus causes it. Given how concerned Americans are about inflation, further government stimulus is unlikely. To avoid inflation, stimulus payments could be offset by policies that reduce inflation (such as tax increases). However, the political outlook doesn’t bode well for a nuanced plan to pass.”