Adair Turner's FT piece urges the central bank/government to finance future debt with helicopter money. Leaving aside the merits of helicopter money, I found his argumentation unusual. It's a piece worth taking seriously, because one presumes there must be a high chance still that he gets a post on the MPC in some capacity in the not too distant future.
Share this post
Helicopter drops: A dare from Turner
Share this post
Adair Turner's FT piece urges the central bank/government to finance future debt with helicopter money. Leaving aside the merits of helicopter money, I found his argumentation unusual. It's a piece worth taking seriously, because one presumes there must be a high chance still that he gets a post on the MPC in some capacity in the not too distant future.