Helicopter Money !    The Fed's Final Tool
Channel: GeoStar TV
Date: 09/04/2020

Helicopter Money - The Fed's Final Tool 
Helicopter money is a radical form of monetary stimulus, first coined by Milton Friedman and made famous more recently by former Federal Reserve Chairman Ben Bernanke. In a hypothetical situation a helicopter could be loaded with money, fly over a city and drop the money, citizens would collect this money from the streets and spend in the local economy, in theory driving economic growth. With interest rates near zero ,and large amounts of Quantitative Easing already completed.
Is helicopter money the central banks' final tool to preserve the economy and the fiat money system ? 


 Welcome to The Atlantis Report. 

Helicopter money is a proposed unconventional monetary policy, sometimes suggested as an alternative to quantitative easing (QE) when the economy is in a liquidity trap (when interest rates near zero and the economy remains in a recession). The idea of ​​a monetary helicopter comes from Milton Friedman, and it's a metaphor, a pictorial view of ​​a helicopter, or an airplane who swings banknotes. This is not a concrete idea of ​​economic policy. So we understand that the goal behind, whatever its implementation, it's having a direct effect on household consumption. 

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