Understanding Helicopter Money in right perspective

Understanding Helicopter Money in right perspective

Chaitanyesh Rudracharya   | Asianet News
Published : Apr 17, 2020, 04:25 PM IST

Helicopter Money refers to a government asking its central bank to print more notes with an endeavour to distribute it among the public and increase their purchasing power

Bengaluru: Helicopter Money refers to a government asking its central bank to print more notes with an endeavour to distribute it among the public and increase their purchasing power. It doesn’t mean a helicopter gets airborne and drops notes for people to collect