(ZEROHEDGE) – With the Fed depositing a fresh round of "free money" into the pockets of most Americans, the focus now turns to where the money is eventually going to wind up. Will it boost financial assets? Crypto? Will it finally hit consumer prices and cause a tick up in inflation?
These are the questions that a new Bloomberg survey sought to answer earlier this week. As Americans enter what is hopefully the closing stages of the Covid pandemic and we attempt to get back to some form of normalcy, questions were abound about how a third (and perhaps final) stimulus would be rationed.
Respondents to a new survey said overwhelmingly that the money would go to things like saving, food and housing, first and foremost. Following that was paying down credit card debt, home improvements and healthcare.
The post Here's how Americans say they will spend their latest $1,400 stimulus check appeared first on WND.
