Intuitively, both policies would seem inflationary. That demographic doesn’t have an income to see the counterbalancing effects.
What if this is a path to strengthening the dollar?
This is my inkling 🤔.
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Also forgot to say, benefits are taxed.
https://www.ssa.gov/faqs/en/questions/KA-02471.html#:~:text=You%20must%20pay%20taxes%20on,income%22%20of%20more%20than%20%2432%2C000.