In a recent article, Ted Waller has suggested that ‘QE for People’ is the worst idea ever. In putting forward the opposing case, I present the misgivings in Waller’s analysis and show that QE for the People is an idea well worth pursuing. Instead, I suggest that there are worse ideas out there, like treating the cause of the last financial crisis (private debt) as the only possible solution.
The QE for People Campaign Coalition are pleased to invite you to this high level event hosted in the European Parliament to discuss alternatives to the current Quantitative Easing programme in the Eurozone.
The President of the European Central Bank was in Strasbourg last Monday to address the European Parliament’ plenary assembly. Once again Mario Draghi was asked to give his views on the possibility for helicopter money.
Eight months have passed since the ECB started its own quantitative easing (QE) program, and almost everyone in Europe seems to agree with Mario Draghi that ‘QE has been a success’. But is such enthusiasm warranted? Let’s take a look at the data.
A coalition of eurozone campaigners, civil society organisations and economists is today calling on the European Central Bank (ECB) to radically change its approach to the current Quantitative Easing (QE) programme.
Translation of the original German article on helicopter money by Michaël Malquarti, senior vice-president at Geneva-based SYZ Asset Management, published in German in the Neue Zürcher Zeitung on 16th of February 2015. An abbreviated version of the article was published in French in the Le Temps.