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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?

One Year Later: Seven Ways QE Has Not Worked in the Eurozone

Today marks the one-year anniversary of the ECB’s Quantitative Easing programme. Having pumped over €720 billion of central bank money into financial markets, in an attempt to boost Eurozone inflation, it is worth assessing whether QE is having its desired effect.

The ECB increases QE, but Leaves Door Open for Helicopter Money

Following a series of new measures to boost inflation in the Eurozone, the president of the European Central Bank said helicopter money – a form of QE for People – had not been studied by the ECB so far, but finds the concept is ‘very interesting’.

Momentum grows for QE for People – Will the ECB take notice?

As the European Central Bank is set to decide on boosting its quantitative easing (QE) programme or deciding on new measures, the QE for People campaign coalition calls on the ECB to carry out a comprehensive assessment of the potential impact of more direct monetary policies for the eurozone economy.