Abstract or Introduction
The so-called "helicopter money" is discussed as a direct alternative to monetary policy instruments like QE with which a Central Bank (CB) purchases government securities. This flooding [of] financial institutions with capital lowers interest rates and increases the money supply without printing new money. However, the effects of QE on the real economy were described as indirect and underwhelming.
- Quote paper
- Julia Kaiser (Author), 2018, Helicopter Money. A way out of Recession?, Munich, GRIN Verlag, https://www.grin.com/document/1030659
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