Draghi: The ECB should look into helicopter money & MMT
Channel: Positive Money Europe
Date: 24/09/2019

In response to MEP Philippe Lamberts, Mario Draghi replies that alternative ways of channeling money into the economy would probably be more effective in allocating money, and they should be looked at by the ECB.

In particular, Draghi refers to a recent paper in which Professor Stanley Fischer and others argue for helicopter money: https://www.blackrock.com/corporate/literature/whitepaper/bii-macro-perspectives-august-2019.pdf

See the full exchange between Lamberts and Draghi here: https://youtu.be/uGKpUqViBxU

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