Isn’t the Fed already using “helicopter money” to buy US Treasuries and suppress natural interest rates???
They did that for a while but stopped to let Europe and Japan do it. It actually does not matter much which central bank does it at any given time. We will inevitably do it again since we can’t face up to the fact that we need a rapid and thorough deliveraging to start getting long term growth. Instead we will take easy road which leads to hell.
Any chance this financial crap can be written in plain Joe Sixpack English?!