Albert Edwards: Ben Bernanke Is Pushing For Helicopter Money

Helicopter money is just around the corner; that’s the takeaway from this week’s Global Strategy Weekly update from Société Générale’s resident perma-bear Albert Edwards. Albert Edwards: S&P 500 Could Fall By 75% There has been plenty of discussion on the benefits and drawbacks of potential helicopter money policies in recent months, but until this month it was widely assumed that no central bank would adopt such a policy until the next recession. However, Albert Edwards opines that after Ben Bernanke’s recent visit to the Bank of Japan on 11 July the world might be closer to helicopter policies than previously…