It Begins: Members Of European Parliament Beg Draghi To Unleash Helicopter Money

from Zero Hedge

Remember earlier this year when Mario Draghi said that the use of helicopter money was “a very interesting concept”? If not, rest assured that 18 members of the European Parliament do.

[…] In an open letter to ECB president Mario Draghi, 18 members of the European Parliament’s social democrat, leftwing and green groups recommended that the ECB look into the use of helicopter money and buying bonds from the European Investment Bank “as possible solutions to enhance economic development through direct spending into the real economy” the FT reports.

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