Barclays Talks Down Helicopter MoneyMark Melin
With democracy being one of the messiest and least efficient forms of decision making known to man, Barclays notes that helicopter money could be a tool to break the gridlock. But a central bank taking such action to usurp the authority of elected leaders “in major currency areas that concern us” is unlikely, as the bank opposes the concept and has been among a growing library of research on the topic.
Stimulus invests in bonds while helicopter money is being discussed to target infrastructure
The primary difference between . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible