Helicopter Money Will Fail
In this episode of World Economics, we discuss the concept of helicopter money, the mistake of using the Hong Kong example and why it is likely to be implemented… and fail.
Video length 00:06:51
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Sorry to report this but a yearly gift of a small gift is not helicopter money. It is too small and it is yearly. Neither is the definition of helicopter money. Helicopter money mus be a one off and it must be a large gift to each citizen and it should not come with spending requirements attached.