AMERICA’S FISCAL largesse during the pandemic has fuelled not just economic growth but also, more surprisingly, a lively hip-hop niche. Over the past two years musicians have released no fewer than 30 different songs referring to the government’s stimulus cheques, known as stimmies. “Yeah, check, I need a stimmy. S-T-I-double M-Y, tell ‘em gimme,” raps Curtis Roach in one snappy track. The accompanying video seems to confirm the worst fears about how the money was spent. Mr Roach, a Detroit-based artist, fans himself with hundred-dollar bills and sprays them about at parties. But a closer listen reveals a conservative streak that would do fusty financial planners proud. “Generational wealth, that’s where it’s at…save a lil’ bit for the rainy days on yo’ back, never slack.” Will households’ excess savings keep the American economy afloat?

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