King and Snow Crab Demand in 2021 is Inelastic!
Instead of emerging poorer following the coronavirus pandemic, many Americans came out ahead. According to the Federal Reserve $13.5 trillion was added in wealth last year which was the largest increase in three decades. While the scope of the pandemic was unprecedented, so was the governmental response of borrowing, lending, and spending trillions of dollars to support business and individuals.
While the those with higher income jobs did the best, people who had less in their pockets also came out ahead. JP Morgan chase reported this past week that...
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