Fed’s Mester Says Helicopter Money “The Next Step” In US Monetary Policy
by Tyler Durden
ZeroHedge.com
Jul 13, 2016
“We’re always assessing tools that we could use,” Mester told the ABC’s AM program. “In the US we’ve done quantitative easing and I think that’s proven to be useful. “So it’s my view that [helicopter money] would be sort of the next step if we ever found ourselves in a situation where we wanted to be more accommodative.
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