Can free money solve the coronavirus crisis?

Can free money solve the coronavirus crisis?

In the midst of the fear and disruption caused by the coronavirus pandemic, some citizens may be about to receive a welcome surprise in the form of free money, also known as “helicopter money.” CNBC’s Silvia Amaro explains why central banks and politicians are considering this rare measure to keep economies moving.

Comments

Smashinbedrock says:

what gives currency its value is the productive capacity of the nation

Reetesh Pd. Acharya says:

Pampering Crowd like this is a Fractional Justice Delivered Once or even Few Times. Just will make more People as many Homeless in Long Run. Something Concrete not to Kiss Depression For All is to be Delivered By World Powers.

My Point ,

https://www.youtube.com/watch?v=lPhY7Yy6piQ

Savinay Goel says:

Definitely not possible in India because of the colossal population figures

Savinay Goel says:

Printing more money is not a bad idea but can result into inflation.. and further into stagflation which can be disastrous for the world ecnomies

hbarudi says:

This is the first attempt at a UBI. But we don't like how it increased the National Debt by a few trillion and doubled the federal budget deficit…

nick torea says:

If my government does this I'll be buying gold & silver stocks with it.

j loos says:

THINK OF IRAN (PALLETS OF CASH) AND OBAMA PHONES IF YOU ARE CONFUSED, IF YOU ARE STILL IN THE DARK L@@K AT PELOSI'S HOME CITY FOR BETTER UNDERSTANDING:
https://www.youtube.com/watch?v=v2WksYZtmTA

jack jo says:

Money printing machine goes Brrrrrrrrrrrrrrrrrrrrr…..

Bran' the Man says:

Yeah cause hyper inflation! Great idea

q n says:

Corporate bailouts and UBI have finally become official reality with multiple rounds of stimulus laws. Republicans support bailing out corporations while Democrats support UBI for everyone. Now the big question is why would I want to vote for any Republican if he/she gets in the way of me getting my UBI check????

Pretty Boy Pete. says:

We want a non taxable basic income for all $2000 month .

Abhay Gupta says:

I love the way you take so much interest while speaking hahah. Kudos Silvia!

Ioan Jivan says:

Do you really have to recap the situation in 0.5 speed?

savagecub says:

I like that the helicopter was an OH-6 !

I AM THE DESTROYER says:

Bomb this planet earth into ashes, and all the problems will disappear when there's no human left.

3deaster says:

Money has been given to banks airlines

VINODA B says:

Really bad idea see Venezuela and Nigeria

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