Helicopter Money is different from Quantitative Easing

Quantitative Easing: a policy whereby a Central Bank, such as the FED or the ECB or the Bank of Japan, purchases existing government bonds in order to pump money directly into the financial system; the ultimate goal is to solve banking problems and to promote consumption and investment. 

Helicopter money: the creation of money by central banks and its distribution for free to taxpayers in order to solve unemployment and economic problems. Continue reading “Helicopter Money is different from Quantitative Easing”