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

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.