I'd be spending every penny of that helicopter money on precious metals.
Possibilities of helicopter money?
They wouldn't actually hand out money to citizens, right? Only to corporations and small businesses, right?
>google helicopter money
>this guy come up
lmao @ hair
no helicopter money gets distributed to everyone equally. Whether you make 100k a year or dont work. Everyone will get the same sized check.
Same
They prefer to refer to it as "a stimulus package". Government dumps a few hundreds bucks into every single persons bank account. The idea being people just go and buy shit with it. You get a bump in retail sales, local trades and businesses get a bump. It keeps things ticking over.
From there you get some positive economic data, business confidence blah blah. It doesn't do shit long term. We did it here in Australia in '08. Government at the time got a big pat on the back for avoiding the recession the rest of the world fell into.
In reality, China launched is own multi-trillion dollar stimulus package building ghost cities, roads, bridges and rail to nowhere. They imported their resources from us in Australia driving our mining boom. China was our real stimulus package. No doubt advocates of helicopter money will cite us as a positive example. It's bullshit though, it will just delay the inevitable.
He's like a less sexy Steve Buscemi
Mr. Gross is a crazy mofo. Read about how he came to change jobs.
"Don't look at me!"
Is it fucking happening?
DO I BUY GOLD?
AAAAAAAH!
Yes