reply on: China Central Banker Calls For Direct Money Transfers To Households \ stacker news ~econ

20 sats \ 5 replies \ @siggy47 OP 3 Aug \ parent \ on: China Central Banker Calls For Direct Money Transfers To Households econ

This would be pretty dramatic.

43 sats \ 4 replies \ @Satosora 3 Aug

In what way?

20 sats \ 3 replies \ @siggy47 OP 3 Aug

Well, maybe I should first ask you what you meant by conservative in this context? If you meant they don't do enough, directly giving people money is pretty radical.

43 sats \ 2 replies \ @Satosora 3 Aug

I can never see China actually handing money to its citizens. Has that ever happened before?

20 sats \ 1 reply \ @siggy47 OP 3 Aug

I don't think so. If they are even considering it, things must really be bad.

43 sats \ 0 replies \ @Satosora 3 Aug

I think they are very conservative with their money policies. They only like helping the companies that are tied to the CCP, right? All the other companies can go bankrupt in their eyes.