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Helicopter money: A cure for what ails the euro area?

The Research Service of the European Parliament (EPRS) has produced an interesting briefing paper, which summarizes the state of the debate on using 'Helicopter Money’ (or monetary financing) to stimulate the economy.

Riksbank's Deputy Governor Says Helicopter Money Should be Considered

What can monetary policy do if a new recession occurs? According to the central bank of Sweden's Deputy Governor, so-called helicopter money could be one possible answer.

Finland: Head of Trade Parliamentary Committee supports helicopter money

Kaj Turunen, the Chairman of the Commerce Committee of the Finnish Parliament recently wrote a blog post arguing that the European Central Bank (ECB) should use the helicopter money drops to increase demand in the Eurozone.

Germany: emerging voices raise interest for helicopter money

Despite the growing concerns in Germany over 'helicopter money' and other monetary policy alternatives, other voices are emerging to demand a serious debate about alternatives to quantitative easing.

Helicopter Money: ECB's vague response to MEP’s specific questions

With the ECB failing to meet its inflation target, and a serious possibility that another slowdown may make deflation an even greater risk, it is worrying and disappointing that Draghi is so evasive on the question of helicopter money.

The distinction between monetary and fiscal policy is clear

Believing that helicopter money would be a fiscal policy – a common critique against some forms of QE for People – is a logical fallacy, Eric Lonergan says.

Ben Bernanke's Missed Opportunity to Bring Helicopter Money's Debate To the Next level

Ben Bernanke has once again publicly endorsed ‘Helicopter Money’ but his input fails at bringing the debate beyond conventional economic orthodoxy.

Europe Before the Crash

euro-crisis.jpg

Instead of creating new asset bubbles, the European Central Bank should stimulate the real economy by financing investment or make transfers to low-income households.

This article by Fabio de Masi, Stefano Fassina and Oskar Lafontaine was originally published in the German newspaper FAZ on April 4th 2016 and the Italian newspaper Corriere Della Sera on April 11th 2016.

Swiss Trade Association Says Central Bank Should Distribute 1,000 Francs to All Citizens

Prominent Swiss Trade Association "Handel Schweiz" calls upon the Swiss national Bank to distribute 1,000 francs to all citizens in order to boost domestic demand.

Il Fatto Quotidiano: “Invece che comprare bond dia i soldi direttamente ai cittadini o finanzi investimenti pubblici”

The movement "Quantitative easing for people" with support from 65 lecturers and 21 associations, is claiming that the ECB's interventions supports financial institutions and the wealthy classes by increasing inequalities. Better then write a check to every European: 175 EUR for everyone?