Helicopter Money Takes Flight as Latest Drastic Monetary Idea

By
Simon Kennedy
  • HSBC, Citigroup, Commerzbank economists discuss Friedman idea
  • Inflation still weak despite interest rate cuts, bond-buying

Is It Time for the Fed to Fire Up the Helicopters?

After more than 600 interest-rate cuts and $12 trillion of asset purchases failed to move the inflation needle enough, central banks may need to head even deeper into uncharted territory.

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