3 ms·

What do you think will help the recovery more, QE by central banks or UBI?

• beatgammit 7y ago
  Neither? Markets have been overheated, so a correction makes a ton of sense. What we need is to get over this pandemic as quickly as possible so we can stop disrupting trade and get people back to work. The news coming out of China is encouraging, and production seems to be slowly returning to normal. Any discussion about UBI should be based on the long term merits, not a reaction to any current crisis. QE is a bit different, but honestly I think it does more harm than good much of the time, especially once it makes it through the political system.
• nostromo 7y ago
  QE tends to be net neutral financially. The Fed steps in, makes some loans or buys some securities -- when the disaster abates, they get some money back from their loans and sell the securities for a profit.