MARKETS: Helicopter money’ might weaken currencies more than QE as sky’s the limit but Citi has other ideas and central bank is seriously considering the move to reinvigorate the economies – @AceFinanceNews

#AceFinanceNews – July.29: ‘Helicopter money’ might weaken currencies more than QE as sky’s the limit

Central banks might inject no more cash into economies by dropping money from aircraft — whether real or imaginary — than via well-worn QE schemes, but in breaking a long-standing taboo they may do far more damage to currencies.

Citi sees ‘gradual shift towards helicopter money’

Citi has forecast a “gradual shift towards helicopter money” by advanced economies, as countries struggle to boost growth and inflation in uncertain geopolitical climes –

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