QE For the People with Frances Coppola, Part II: Helicopter Money?

This week, we have a guest on the show - economics and finance
writer Frances Coppola. She's the author of a book, "Quantiative
Easing for the People", which argues that central banks and
governments should work in concert to ensure that their response
to financial crises really helps the entire economy, rather than
just inflating asset prices.


 


In the second part of our interview, we go into much more depth
about the specific idea of quantiative easing for the people -
essentially, what would happen if the central banks or government
directly gave every individual in the country a few thousand
pounds, rather than injecting this stimulus into the market
indirectly by buying up assets. We also discuss specifically what
the ideal response to the coronavirus crisis should be and the
role that banks and governments have to play in our response.