Positive Money Europe | Helicopter Money - the stimulus the Eurozone needs? @PositiveMoneyEurope | Uploaded 2 years ago | Updated 11 seconds ago
The ECB’s recent strategy review has re-affirmed the ECB’s commitment to delivering symmetrically on its 2% inflation target. However, despite having injected €4 trillion into the Eurozone economy, the ECB has so far failed to achieve its inflation target, which creates doubts on whether the new ECB strategy is credible.
In the report "What Else Can the European Central Bank Do?", the French Council of Economic Analysis suggests that the ECB adopts helicopter money as a contingent strategy to fulfill the ECB’s price stability mandate. By distributing money directly into citizens’ bank accounts, helicopter money could serve to stimulate the economy in the post - Covid 19 recovery phase.
Watch a lively discussion with Philippe Martin, co-author of the report, and Claudia Sahm as they explore the benefits and challenges of implementing helicopter money.
Webinar Oct 28, 2021
Speakers:
- Philippe Martin (Chairman of French Council of Economic Analysis)
- Claudia Sahm (Senior Fellow at Jain Family Institute, Former Federal Reserve and White House economist)
Moderator: Catherine Feore, EU Reporter
17.30 - 17.35 Welcome and introduction by Catherine Feore and Stan Jourdan (Executive Director of Positive Money Europe)
17.35 - 17.45 Presentation of the paper “What Else Can the European Central Bank Do?” by Philippe Martin
17.45 - 18.00 Reaction round with Claudia Sahm
18.00 - 18.30 Q&A
Read more on helicopter money - https://www.positivemoney.eu/inequality/
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Follow the campaign:
http://positivemoney.eu/
facebook.com/PositiveMoneyEurope
twitter.com/PositiveMoneyEU
The ECB’s recent strategy review has re-affirmed the ECB’s commitment to delivering symmetrically on its 2% inflation target. However, despite having injected €4 trillion into the Eurozone economy, the ECB has so far failed to achieve its inflation target, which creates doubts on whether the new ECB strategy is credible.
In the report "What Else Can the European Central Bank Do?", the French Council of Economic Analysis suggests that the ECB adopts helicopter money as a contingent strategy to fulfill the ECB’s price stability mandate. By distributing money directly into citizens’ bank accounts, helicopter money could serve to stimulate the economy in the post - Covid 19 recovery phase.
Watch a lively discussion with Philippe Martin, co-author of the report, and Claudia Sahm as they explore the benefits and challenges of implementing helicopter money.
Webinar Oct 28, 2021
Speakers:
- Philippe Martin (Chairman of French Council of Economic Analysis)
- Claudia Sahm (Senior Fellow at Jain Family Institute, Former Federal Reserve and White House economist)
Moderator: Catherine Feore, EU Reporter
17.30 - 17.35 Welcome and introduction by Catherine Feore and Stan Jourdan (Executive Director of Positive Money Europe)
17.35 - 17.45 Presentation of the paper “What Else Can the European Central Bank Do?” by Philippe Martin
17.45 - 18.00 Reaction round with Claudia Sahm
18.00 - 18.30 Q&A
Read more on helicopter money - https://www.positivemoney.eu/inequality/
---
Follow the campaign:
http://positivemoney.eu/
facebook.com/PositiveMoneyEurope
twitter.com/PositiveMoneyEU
