Helicopter Money Crisis

Decent Essays
This is a summary of The Inquiry episode “should government drop money out of helicopters” on BBC. In 2008, financial crisis appeared in the U.S. and U.K. and European Central Bank gave support for them, but experts think it is insufficient, so creating helicopter money idea could help high growth. Richard coo explains why economies face slowing growth by showing Japan's economy. Adair Turnor says helicopter money that money is printed and gives it to people as crazy. Then people will spend on a washing machine or clothes or more businesses that make more investment and jobs. Mohamed AlAraysan says that helicopter money causes of increasing consumption and decreasing investment but may be the solution by addressing debt and cooperation at global.

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