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tiawav

Re:Federal Reserve slashes interest rates to zero on Sunday March 15, 2020 @08:46PM (#22588457)
Quantitative easing is NOT helicopter money. HK is the first country that actually tried something like Helicopter money. 1500 US$ for each citizen.

All the quantitative easing has just brought us a giant bubble via asset price inflation. All I know, the bigger the bubble, the louder the blob. If central banks should do something, than finance entrepreneurship and start-ups, bring money to the people.

"It is very last measure as in that point you are basically admitting that capitalism has failed."

No, it has not. The boom-bust cycle is a feature of capitalism. Capitalism, call it a ponzi driven debt scheme, will only fail, if no further economic growth is possible anymore. This may be caused by energy limitations (wealth and growth are linked to Energy available) or other limiting things. Trust me, you don't want to go there. Some people call it seneca cliff.

Re:Ask HN: Is UK government insane or genius? on Sunday March 15, 2020 @06:41PM (#22587494)
There are 200 Viruses, vaccines only exist for 20 or so. For some you can hardly build immunity (e.g. Dengue fever).

"Sure, those who survived the disease will be immune afterwards." There have been reports of re-infections in China and Japan. This may be mistakes - the never were cured - but this could also point to something more severe. Proceed with caution.

Re:Ask HN: Is UK government insane or genius? on Sunday March 15, 2020 @06:34PM (#22587439)
Never blame anything on maliciousness that can easily be explained by stupidity.