Ask Terry Questions covid money — where did it go?

covid money — where did it go?

By Terry Savage on June 25, 2024 | Wild Card

Where has all the money gone? Trillions of dollars were appropriated during the covid years. It was to keep our economy afloat and to help people and businesses. Has all that money been spent? What was it spent on? Who received it? I have seen no evidence or heard any news regarding the use of this money.

Terry Says

Well, take a look at the stock market.  I’m betting that a lot of the profits earned by companies come from money spent by people who received all those stimulus checks, not to mention money handed out to cities, states, and other businesses to keep people employed and keep the economy going.  The money didn’t have to “go anywhere” — it is still being invested throughout the economy.



a personal
finance question