News for hackers. Stuff that matters.
Re:'Fear Factor' Is Running High as Currency Markets Resume ... by heartbeats on Sunday March 01, 2020 @04:28PM (#22459489)
What you're describing is called "helicopter money". It was just tried in Hong Kong, with unimpressive results.

https://www.zerohedge.com/economics/hong-kong-embraces-helic...

https://ftalphaville.ft.com/2020/02/26/1582705518000/Helicop...

Re:'Fear Factor' Is Running High as Currency Markets Resume ... by HappySweeney on Sunday March 01, 2020 @04:55PM (#22459660)
The article is dated Feb 25, and mentions that the disbursement has yet to occur, so we don't have any data on the success of the measure, or do I have this wrong?
Re:'Fear Factor' Is Running High as Currency Markets Resume ... by salty_biscuits on Sunday March 01, 2020 @05:25PM (#22459802)
Australia had a similar thing during the gfc and they managed to dodge a recession.