Helicopter Money and Federal Reserve Performance in a Pandemic Recession

Published: Oct. 22, 2020, 7 a.m.

b'Helicopter money \\u2013 money dropped on various recipients by the Federal Reserve with no expectation of repayment \\u2013 sounds like a great way to lever-up the economy. Is it? George Selgin details his new Pandemics and Policy essay.


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