Helicopter money: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Amend link.) |
imported>Doug Williamson (Layout.) |
||
Line 4: | Line 4: | ||
''"helicopter money is a very bad idea."'' | ''"... helicopter money is a very bad idea."'' | ||
The Treasurer, October 2016, p15. | The Treasurer, October 2016, p15. |
Revision as of 07:46, 13 December 2016
Helicopter money is a hypothetical method for a central bank to create new money.
Instead of buying assets, the central bank would transfer money into the economy without any exchange of assets.
"... helicopter money is a very bad idea."
The Treasurer, October 2016, p15.