Via BI:
Citibank’s Australian economics and interest rate strategy team believe there’s a third option available to the RBA should the need arise: “helicopter money”, or printing money to be distributed to the public via the government.
“Whilst on the experimental end we think it deserves serious consideration by the RBA,” said Paul Brennan, Josh Williamson, Carl Ang and Steven Mansell, members of Citi’s Australian economic and interest rate strategy team in a research note.
