How Many More Financial Stimulus Payments Will Occur in 2021?

 I expect by late June....another stimulus is discussed....in the range of $2k per adult.  Payment?  Just my humble guess....late August.  

Another payment by early December...maybe a lesser amount of $1,200 per adult?  Yeah.

I'll also predict a minimum of two payments in 2022.   

Why? Well....there is no upswing in the economy....people are sitting and spending at a reduced level.  If you were looking for some signal or some 'Jesus-moment'.....it's just not there and I'd give zero odds on President Biden changing that.

What should you do with the money?  The government would prefer you go out and spend every penny of it, and another bit out of your own pocket.  My advice....if you are employed....stock the money into a CD of some type and just sit on it.  

Bringing us to some version of creeping/walking inflation.....then eventually to stagflation or deflation?  Yeah, this is path we are walking along.  As long as they can print money....its going to be awful hard for hyperinflation to occur.  I would even add this.....hyperinflation with the zero-interest money of the Fed would indicate something a circus coming to town, with the lions and tigers escaping out of the cages and roaming around.  It'd be awful bad news.

What Joe Said

 Someone this past week....went back to Ronald Reagan's 1981 Economic Recovery Tax Act, HR 4242 and the subsequent 1986 tax reform plan, HR 3838.

If you don't remember them....they lowered individual and corporate tax rates and introduced a series of other reforms to the tax code.

Among the US Senators who voted for the acts?  Senator Joe Biden.

Yes, this is the same Joe Biden who said this week that such measures don't work, but didn't really say much over his support for them in 1981.