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.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.