'Fear Factor' Is Running High as Currency Markets Resume Trading

Re:'Fear Factor' Is Running High as Currency Markets Resume ... by to11mtm on Sunday March 01, 2020 @03:25PM (#22459059)

Ehhhhh You have to be careful with that.

The market is a fickle beast; there's a chance that a stimulus too early may make future stimulus less effective, since "it didn't work earlier".

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Re:'Fear Factor' Is Running High as Currency Markets Resume ... by pbourke on Sunday March 01, 2020 @04:01PM (#22459292)

I think they should be planning for a substantial fiscal stimulus. Something like a temporary expansion in medicare, guaranteed free testing, etc. A temporary expansion in funds for paid sick time. Expansion of unemployment benefits.

Or just say fuck it and cut people checks every month for a while.

Plan to have these ready in case they're needed. Health-related ones can probably be activated soon (esp testing).

Chance of any of this happening: 0%.

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Re:'Fear Factor' Is Running High as Currency Markets Resume ... by brettproctor on Sunday March 01, 2020 @04:05PM (#22459320)

Hong kong already giving out $1,200 to each resident: https://fortune.com/2020/02/26/hong-kong-economy-stimulus-ca...

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