Opening Word document…
Do both solves best.
Francis Coppola 19, MBA from Cass Business School, contributor to Financial Times, cited by the NYT and the Washington Post, author of "the case for People's Quantitative Easing", 7/26/2019, page online.
“When the next crisis hits, QE for the People – both helicopter money (or financing of the fiscal deficit) and investment bond buying – should clearly be the policy tool of choice. However, other policies have their place too, including QE for the Banks. When banks are damaged, and everyone is paying off debt and saving like crazy, both Main Street and Wall Street need new money, and central banks need to be able to use every tool at their disposal. Together, QE for the People and QE for the Banks make up ‘QE for Everyone’.
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