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Japan’s “Helicopter Money” Play: Road to Hyperinflation or Cure for Debt Deflation?

Thursday, October 20, 2016 6:57
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(Before It's News)

Fifteen years after embarking on its largely ineffective quantitative easing program, Japan appears poised to try the form recommended by Ben Bernanke in his notorious “helicopter money” speech in 2002. The Japanese test case could finally resolve a longstanding dispute between monetarists and money reformers over the economic effects of government-issued money. When then-Fed Governor […]

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