The next war will be fought with helicopters

Military helicopter from Adobe 230x150
By Jon Hay, Silas Brown
30 Jul 2019

Populism and economic change are melting down old idols. When the next crisis comes, new fiscal and monetary tools will be used — including helicopter money.

The public’s addiction to easy money is much stronger than many expected. The economy has been expanding for 10 years in the US and five in the eurozone — yet, just at the point when central banks are usually tightening monetary policy, this time, they are already reaching ...

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