ECB Official Raps IMF’s ‘Helicopter Money’
April 13, 2009 at 09:45 AM EDT
[Skip to the end] He’s right on this point. Functionally it is fiscal expansion, though not all that much as a percentage of world GDP. The question is whether I’s warranted to support demand and how to decide which nations should get it: ECB’s Stark raps move to boost IMF drawing rights by Marc Jones European Central Bank Executive [...]