Real Helicopter Money, Defined Precisely, Can Overcome a Cashless Society

http://www.talkmarkets.com/content/bonds/eric-lonergan-precisely-defines-helicopter-money?post=92811&uid=4798

This is my article. From the site:

...Helicopter money has been called QE for the people but that is not quite right. I will list some important points I have found from reading Lonergan regarding this subject. Turns out, HM is the opposite of QE. It has been called QE for the people, but is quite superior to QE...
...I hope this love affair with negative is not a sinister plan on the part of some in central banking. If it is sinister, we will have to all shout louder in our commitment to helicopter money, but understand clearly what it is and what it does...

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Against Currency Prohibitionism - Alt-M

Against Currency Prohibitionism - Alt-M



Even this CATO author, Larry White, though pretty much against getting rid of cash, is mamby pamby about the large denominations. That is disappointing!



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