GOLDMONEY holds a conference call to describe their 'joining of forces' with the inimitable Peter Schiff. LINK HERE TO THE CONFERENCE CALL
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Helicopter money 'the next step' in monetary policy says Fed official Loretta Mester
Dr Mester's qualified support for the use of "helicopter money" - when stimulus is directly pumped into the real economy, not through the banking system - comes amid expectations that the Bank of Japan is poised to unleash a major fiscal stimulus package of at least 10 trillion yen ($130 billion) to kickstart its flat-lining economy.
1 comment:
Helicopter money 'the next step' in monetary policy says Fed official Loretta Mester
Dr Mester's qualified support for the use of "helicopter money" - when stimulus is directly pumped into the real economy, not through the banking system - comes amid expectations that the Bank of Japan is poised to unleash a major fiscal stimulus package of at least 10 trillion yen ($130 billion) to kickstart its flat-lining economy.
http://www.abc.net.au/news/2016-07-13/helicopter-money-a-possibility-says-fed-official/7623888
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