Helicopter money: The best policy to address high public debt and deflation

The G20 leaders may well endorse a higher ‘growth target’ at their November meeting in Australia, but they will be incapable of agreeing to the monetary/fiscal policy combination that is required to substantially lift aggregate consumer demand and economic growth. Fiscal and monetary policy coor…

See the rest here: 
Helicopter money: The best policy to address high public debt and deflation