News with the tag "Fiscal stimulus"

China is reportedly considering a massive stimulus package as the country looks to breathe new life into its ailing economy. The second-largest economy in the world may approve a fiscal stimulus worth 10 trillion yuan or $1.4 trillion as soon as next week, reports Reuters. The country plans to raise...

China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital r...

Nobel Prize-winning economist Paul Krugman believes that an alien invasion would be inflationary, not deflationary. He reiterated that “the government should lie and claim that we were facing an imminent alien invasion.” He added: “If there is intelligent life out there, it’s almost surely thousands...