Monday, July 04, 2016

Bank Of Japan Could Be The 1st
To Adopt Helicopter Money
The Bank of Japan (BOJ) is the central bank most likely to adopt "helicopter money" policy but not in its traditional sense, S&P Global's chief global economist says .. "Helicopter money" is a term coined by Milton Friedman in 1969 .. "helicopter money has to be a kind of monetary policy and fiscal policy coming together as one thing," says Paul Sheard, chief global economist at S&P Global .. Japan is one of the most likely candidate to adopt the unconventional policy, Sheard says.
LINK HERE to the article

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