California is sending ‘inflation relief’ checks up to $1,050 — here’s who qualifies

CNBC/Weston Blasi/6-29-2022

graphic image of helicopter money drop“If you’re a California taxpayer being hurt by inflation, you may be getting some financial relief. The state is sending 23 million residents ‘inflation relief checks of up to $1,050this fall to help ease the financial burden that the highest inflation in 40 years has placed on Americans.”

USAGOLD note: Inflation relief in the form of more inflation. We have heard similar rumblings from the White House, an indication of the complete denial in high places of what causes price inflation in the first place. Other states, CNBC tells us, are looking at similar programs. Helicopter money no matter the source is still helicopter money.

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