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

“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…