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Economy

Helicopter Cash: Will Europe Drop Quantitative Easing On The Masses?

GENEVA — Imagine a banker getting on a helicopter loaded with bank notes and flying over the whole country, raining money down on the population. This idea came from none other than Milton Friedman. In the late 1960s, as the economy was struggling, the iconic American economist believed that people would jump on the falling […]

Categories
Economy

What’s Really Driving The End-Of-Cash Clamor

The temptation to get rid of coins and paper bills is evidence of the failure of the monetary policy of central banks, which has led to negative interest rates.

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