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California's $350 stimulus checks are a make-or-break bet for fighting inflation

1 month ago   |   By Business Insider

Alex Reyes, 28, began filling his work truck and stopped when he noticed the prices on the large marquee as drivers select from various fuels priced near of above over $6 dollars at a Shell gas station located at South Fairfax, West Olympic and San Vicente Blvd in Los Angeles Al Seib/Los Angeles Times/Getty Images
California Democrats approved an aid package that includes $350 stimulus checks for residents.
The payments aim to offset the burden of soaring costs, yet they could boost inflation higher.
Stimulus tends to fuel increased spending, and high demand has played a big role in the...
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