Friday, April 3, 2020

On Corona and Budget Deficit

Governments the world over is spending money on recovery plans to mitigate COVIC-19 impact. The question is should netizens be concerned of the fiscal deficit. The article below examines the situation. The positive outlook is there will be a huge growth after the heath crisis. If you have not read about about helicopter money, this is the time to do so. Let's hope the curve will be flattened soon. 

This is the time Islamic economics offer viable solution. Build something that is real and long lasting. Build a bridge. Check out the solution for both here.

Pic. By Ray Dalio, May 6, 2019

Helicopter money and basic income: friends or foes? - Positive MoneyPic. Helicopter Money

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