Deutsche Bank: “Helicopter Money” Misunderstood, Better Than QE

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“Compared With The Scale Of QE Liquidity Dropped Into Financial Institutions,” Ruskin Wrote, “Helicopter Money Can Be Considered Almost Surgical.”

The common image of “Helicopter money” evokes “pictures of a 100 trillion Zimbabwean dollar note that once bought two loaves of bread,” a Deutsche Bank report noted. Compare this to the term “Quantitative easing,” which sounds like “an austere word, well-suited” for today’s modern economy. Quantitative easing is “surely something infinitely more responsible” than shoot from…