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13 Oct 2022 22:56:22 UTC
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Helicopter Money - The Central Banks Final Tool
Helicopter money is a radical form of monetary stimulus, first coined by Milton Friedman and made famous more recently by former Federal Reserve Chairman Ben Bernanke.
In a hypothetical situation a helicopter could be loaded with money, fly over a city and drop the money, citizens would collect this money from the streets and spend in the local economy, in theory driving economic growth.
With interest rates near zero and large amounts of Quantitative Easing already completed, is helicopter money the central banks final tool to preserve the economy and the fiat money system.
#HelicopterMoney #TheFed #BankOfEngland
...
https://www.youtube.com/watch?v=qQDacTUtht0
In a hypothetical situation a helicopter could be loaded with money, fly over a city and drop the money, citizens would collect this money from the streets and spend in the local economy, in theory driving economic growth.
With interest rates near zero and large amounts of Quantitative Easing already completed, is helicopter money the central banks final tool to preserve the economy and the fiat money system.
#HelicopterMoney #TheFed #BankOfEngland
...
https://www.youtube.com/watch?v=qQDacTUtht0
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