In the eurozone, they talk much of eurobonds.
But the support that matters will have to come from the European Central Bank.
There is no alternative. Nobody should care. There are ways to manage the consequences.
Even “helicopter money” might well be fully justifiable in such a deep crisis.
Martin Wolf 7 April 2020
There is no alternative. Nobody should care. There are ways to manage the consequences.
Even “helicopter money” might well be fully justifiable in such a deep crisis.
Martin Wolf 7 April 2020
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