
Eric Lonergan on Helicopter Drops and How to Improve Monetary Policy
Macro Musings with David Beckworth
00:00
Is the Federal Reserve Really a Liability?
CNN's John Defterios talks about the objections to using helicopter money. He says there are a couple of concerns, some less valid than others. One concern is that central banks could run up too many reserves. The other objection is that people would confuse fiscal and military policy.
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