The effectiveness of the U.S. fiscal stimulus is in doubt, and $40 billion is expected to be used for stock speculation and currency speculation.

The US Biden administration’s US$1.9 trillion fiscal stimulus package is officially a bill, however the market questions the effect on economic stimulus.

A survey conducted by Mizuho, as cited by foreign media, shows that about 10% of some of the US stimulus funds may be used to buy bitcoin and stocks, equivalent to a total of about US$40 billion (about HK$312 billion).