{"id":86509,"date":"2020-04-16T01:47:08","date_gmt":"2020-04-15T20:17:08","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=14846"},"modified":"2020-04-16T01:47:08","modified_gmt":"2020-04-15T20:17:08","slug":"what-is-helicopter-money","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/what-is-helicopter-money\/","title":{"rendered":"What is helicopter money?"},"content":{"rendered":"\n<p><strong>News:<\/strong>Telangana Chief Minister has suggested RBI to adopt the concept of Helicopter Money to help state governments tide over the current crisis and kickstart economic activity in India.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Origin: <\/strong>The term Helicopter Money was given by American Economist Milton Friedman in his paper \u201cThe Optimum Quantity of Money\u201d.<\/li><li><strong>Helicopter money: <\/strong>It refers to an unconventional monetary policy tool which is aimed at bringing the economy back on track by printing large sums of money and distributing it to the public.<\/li><li><strong>Benefits: a) <\/strong>Increase in Demand Growth <strong>b) <\/strong>Increase in inflation among others.<\/li><li><strong>Challenges: a) <\/strong>It may lead to Hyperinflation <strong>b) <\/strong>Devaluation of currency among others.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:Telangana Chief Minister has suggested RBI to adopt the concept of Helicopter Money to help state governments tide over the current crisis and kickstart economic activity in India. Facts: Origin: The term Helicopter Money was given by American Economist Milton Friedman in his paper \u201cThe Optimum Quantity of Money\u201d. Helicopter money: It refers to an&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/what-is-helicopter-money\/\">Continue reading <span class=\"screen-reader-text\">What is helicopter money?<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[4077],"class_list":["post-86509","post","type-post","status-publish","format-standard","hentry","category-economy","tag-helicopter-money","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700533449},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86509"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86509\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}