The money sent to households was largely used to prop up rents mortgages or food/transportation/insurance and other consumer goods.
All that money ended up in business coffers.
All that money ended up in business coffers.
i.e. it was used by the people it was given to so they could pay their bills. You know, survive. Can you describe how a world would work where you can have one without the other?
> All that money ended up in business coffers.
...and most of it was then promptly paid out as wages to employees.
But the fact that “the Market” has exploded in value while the Federal and State government is making direct payments in order to help a significant portion of the population just survive should be a little concerning, no?
That’s another way of saying that it was used to pay employees.