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Helicopter Money
April 16 , 2020
2028 days
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- Helicopter Money is a solution being suggested by economic specialists all over the world.
- It was the term framed by an American Economist Milton Friedman.
- It is the monetary policy tool used for Quantitative Easing.
- It aims to dump money into a struggling economy.
- It is extension of non-repayable money towards state and central governments from central bank.
- It intends to make more money available for the people to induce them to spend more.
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