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

Re:'Fear Factor' Is Running High as Currency Markets Resume ... by gentleman11 on Sunday March 01, 2020 @05:11PM (#22459726)

Years ago in Canada, one province decided to mail $500 cheques to every adult in the province as an economic stimulus after they had an oil and gas surplus. Apparently it helped a lot

And it wasn’t just middle class, but lower too...

[ Parent | on HN ]

Re:'Fear Factor' Is Running High as Currency Markets Resume ... by flukus on Sunday March 01, 2020 @05:55PM (#22459981)

Australia did this in 2008, part of the reason we avoided a recession. Parts of China have started doing the same for coronavirus.

[ Parent | on HN ]

Re:'Fear Factor' Is Running High as Currency Markets Resume ... by ceejayoz on Sunday March 01, 2020 @08:03PM (#22460651)

Alaska's been doing this since the 1980s.

https://en.wikipedia.org/wiki/Alaska_Permanent_Fund

I prefer Norway's approach of saving (to the tune of nearly $200k per citizen!) for a rainy day.

https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...

[ Parent | on HN ]