Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

a tool of unconventional monetary policy that has been proposed as an alternative to quantitative easing when interest rates are close to zero and the economy remains weak or enters recession; popularised by Milton Friedman in the form of dropping money on the ground (from a helicopter), though he didn't intend it as an actual policy


What remains to be tried is helicopter money, a half-serious Milton Friedman recipe for stimulating a sluggish economy with sure-fire monetary means: throw money from helicopters, so people can pick it up and go shopping, and all will be fine.

—p.xlii Preface to the Second Edition (vii) by Wolfgang Streeck
notable
2 years, 9 months ago