Sentences with phrase «advocating helicopter money»

Once I wrote a piece advocating helicopter money, and I called it 2300 Smackers.

In his book «Between Debt and the Devil,» which advocates helicopter money, the British economist Adair Turner cites Pennsylvania in the early 1700s, the U.S. Union government in the 1860s and Japan in the early 1930s as examples of governments that used monetary finance without triggering hyperinflation.

Not exact matches

Bernanke has become known for his quote that he would be willing to throw money out of helicopters to keep an economy from falling into deflation; he is also known as an advocate of managing the entire yield curve actively, not just short - term rates as is the traditional domain of central banks.

Now we are in a situation where helicopter money is once again being advocated — surprising to me, in this Wall Street Journal article, which probably should be an editorial, by Greg Ip, someone I usually respect.