What is Helicopter Money and Quantitative Easing
Helicopter Money and Quantitative Easing (QE) are the two new phrases that are being repeatedly used in political and economic communities.
As we are aware, the entire world is battling the Covid-19 pandemic now. And taking measures to prevent the spread. One of those measures is the lockdown because of which a great deal of economic activity has been shut down in many parts of the world.
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In March 2020, the US Federal Reserve announced that $ 700 billion as a Quantitative Easing program to strengthen the economy that was debilitated due to the global pandemic COVID-19.
Citations :
Power Words :
- Staggered
- Lockdown
- Rallying
- Stimulate
- Recession
- Debilitated
- Coined
- Metaphor
- Quandary
- Inducing
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