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BERNANKE: Helicopter money could work, but I see 2 big problems

BERNANKE: Helicopter money could work, but I see 2 big problems

Business Insider - Ben Bernanke

"The deflation speech saddled me with the nickname 'Helicopter Ben.' In a discussion of hypothetical possibilities for combating deflation I mentioned an extreme tactic—a broad-based tax cut combined with money creation by the central bank to finance the cut. Milton Friedman had dubbed the approach …

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