Helicopter Money: Today’s Best Policy Option

High debt and deflation have afflicted Japan, the Eurozone, and the US. However, the monetary and fiscal policies implemented so far have been disappointing. This column discusses the importance of helicopter money in the form of overt monetary financing in addressing these problems. Overt money financing is the policy with the highest impact in raising […] View the full post at: Helicopter Money: Today’s Best Policy Option Related posts: What If the Government Just Prints Money? Gradualism: The Worst Possible Approach to Monetary Policy in a World of Uncertainty Money as a Public Monopoly