Should the ECB Helicopter Adjust Its Dropping Zone?
Pierre Monnin | 4 February 2015Monetary, Blog | Tags: Inequality, QE
“Let us suppose that one day a helicopter flies over this community and drops an additional $1000 in bills from the sky…” This pleasant image conveyed by Milton Friedman’s famous metaphor is taken to new heights by Mario Draghi, who promised to inject €60 billion ... continue reading