Helicopter Money

Bridgewater is the world's largest hedge fund; so, when its former co-CEO and current chief investment officer believes radical change is coming to central bank policy, he thinks so for a reason. Greg Jensen, along with other high-level Bridgewater Associates executives wrote in a note to clients...

The concept of helicopter money was originated by renowned economist Milton Friedman as an exaggerated means of describing the Federal Reserve Bank's ability to "print money." Friedman suggested that, in a pinch, central banks could simply print off a bunch of paper money, load it...

According to Bloomberg, there is close to $10 trillion worth of bonds yielding less than zero and more than $6 trillion of the total is Japanese government debt. Meanwhile, Japan's Prime Minister Shinzo Abe was told by an adviser Etsuro Honda that "now is the time to introduce helicopter money." "...