The expansion of the amount of money in the economy has been occurring ever since the first year of the scamdemic, It just got worse from 2020 with some of the ridiculous omnibus spending bills made by the statists. I think that caused the inflation, which, in turn, caused people to load up on their credit cards. Many people in the US are not far from the poorhouse, one unexpected expenditure away from illiquidity, bankruptcy and starvation. Small problems become blown out of proportion when you have no cushion for safety. Safety is a major concern and a trap for people.