Webinar – Helicopter money: The stimulus the eurozone needs? (Video)
A recording of Positive Money Europe’s new webinar on Helicopter Money is now available online.
A recording of Positive Money Europe’s new webinar on Helicopter Money is now available online.
A review of more than 30 academic papers demonstrate overwhelming evidence that helicopter money will significantly boost the economy.
How can the ECB be reformed to benefit wider society? Positive Money Europe Executive Director Stanislas Jourdan discusses how the central bank can be reconfigured to put people above private banks.
Eight MEPs from across the political spectrum have joined forces to ask the European Central Bank to properly research helicopter money. By doing so, MEPs are showing that cross-party support exists in the European Parliament for the ECB to make direct payments to eurozone residents.
The pandemic and current economic crisis exacerbate economic inequality by disproportionately burdening individuals on the lower part of the income distribution. The ECB’s asset purchases have further fueled this trend. It is time the ECB took these distributional effects into account when designing policies and instruments.
Positive Money Europe is calling on the European Central Bank to make debt-free payments to every eurozone resident to combat the economic crisis caused by Covid-19. In this article translated from Alternatives Economiques, our Executive Director Stanislas Jourdan explains the concept in full.
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