Eric Lonergan on Helicopter Drops and How to Improve Monetary Policy
Macro Musings with David Beckworth
00:00
How Would It Work?
The government would create a fund and then outsource it to private fund managers. It would work in the same way as an endowment, staffed like any other government agency. And effectively, i'm talking about 20 or 30 per cent of g d p. This is the kind of policy that could be done at the scale that is viable,. i could make a real difference to people's lives.
Transcript
Play full episode
