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Changeling Posted 17 years ago
Vocabulary
What is hot money?
Hi there!
I have a question about the meaning of hot money. I googled the phrase before asking, but the meanings I retrieved seem not to fit into the context of the article I’m translating. Could you, please, help me to better understand the phrase in the following context:
In the 1980s, our government's hot money stimulus was measured only in the millions of dollars. By the 1990s, the government had to ramp the stimulus voltage into the billions in order to get the frog to twitch. Today the frog has jumper cables with trillions in high-voltage hot money pouring through the lines.
Full article can be found here http://finance.yahoo.com/expert/article/richricher/184720
The author writes about government stimulus package. In my view, government money cannot be called hot money. According to dictionaries, hot money is basically funds used for short-term returns by investors. So I believe the author uses the phrase figuratively and I can't make it out. My guess is that it could be printed money, I mean the government starts money-printing machine to pump money into the economy and money is hot, like just out of print. I did a lot of guesswork
. I'd like to hear from native speakers about possible meanings on the phrase.
Thanks in advance
I have a question about the meaning of hot money. I googled the phrase before asking, but the meanings I retrieved seem not to fit into the context of the article I’m translating. Could you, please, help me to better understand the phrase in the following context:
In the 1980s, our government's hot money stimulus was measured only in the millions of dollars. By the 1990s, the government had to ramp the stimulus voltage into the billions in order to get the frog to twitch. Today the frog has jumper cables with trillions in high-voltage hot money pouring through the lines.
Full article can be found here http://finance.yahoo.com/expert/article/richricher/184720
The author writes about government stimulus package. In my view, government money cannot be called hot money. According to dictionaries, hot money is basically funds used for short-term returns by investors. So I believe the author uses the phrase figuratively and I can't make it out. My guess is that it could be printed money, I mean the government starts money-printing machine to pump money into the economy and money is hot, like just out of print. I did a lot of guesswork
. I'd like to hear from native speakers about possible meanings on the phrase.Thanks in advance
Top answer
' -- in this case, into its own country . Or this: 'Money that runs from one sector to another '-- in this case, from the public to the private sector.
- ' -- in this case, into its own country .
- Or this: 'Money that runs from one sector to another '-- in this case, from the public to the private sector.
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1 Answers
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I think he is just using it generally, as in this snippet from Investopedia under that heading:
'When money is injected into a country...'-- in this case, into its own country.
Or this:
'Money that runs from one sector to another'-- in this case, from the public to the private sector.
'When money is injected into a country...'-- in this case, into its own country.
Or this:
'Money that runs from one sector to another'-- in this case, from the public to the private sector.
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