Hacker News new | ask | show | jobs
by RhysU 99 days ago
We ran this experiment already. Obama handed them $1.7B in cash [1]. Not a good outcome.

[1] https://apnews.com/article/united-states-government-fd411341...

2 comments

That money went to the Mullahs, not the ordinary people.
Any significant transfer to the ordinary people will flow, in large part, to the government.

Putting cash into a somewhat closed system is particularly inflationary.

So, this well-meaning humanitarian idea of cash transfer (a) funds an authoritarian regime while (b) adding inflation woes to the people it's trying to help.