Helicopter spotting
FT Alphaville » ECB 2016-04-12
Summary:
Nick Rowe is the latest to try and define a helicopter drop. Cutting through the faff, it comes down to the idea that helicopter money is permanent. Which is problematic since we’ve recently been told nothing is permanent and have basically bought that argument.
So, yeah, how are we going to know a helicopter drop when we see it? Take this for example:
Continue reading: Helicopter spotting
