Weekly Geopolitical Report – The Geopolitics of Helicopter Money: Part 2 (May 9, 2016)

by Bill O’Grady

Last week, we described in some detail the process of “monetary funded fiscal spending” (MFFS).  Part 1 of this series included a discussion of why MFFS might be implemented, how it would work and the potential problems that come with using it.  In this week’s report, we will examine two historical examples where forms of MFFS were implemented, Japan in the 1930s and the U.S. during WWII.  Next week, we will conclude the final report of the series with market ramifications.

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