HELICOPTER DROP
A hypothetical, unconventional tool of monetary policy that involves printing large sums of money and distributing it to the public in order to stimulate the economy. Helicopter drop is largely a metaphor for unconventional measures to jumpstart the economy during deflationary periods. While "helicopter drop" was first mentioned by noted economist Milton Friedman, it gained popularity after Ben Bernanke made a passing reference to it in a November 2002 speech, when he was a new Federal Reserve governor. That single reference earned Bernanke the sobriquet of "Helicopter Ben," a nickname that stayed with him during much of his tenure as a Fed member and Fed chairman.
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Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 09:00 | PPI | Feb | |
| 12:00 | Current Account (sa) | Jan | |
| 13:00 | Bundesbank Monthly Report | ||
| 23:45 | Trade Balance | Feb | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 04:00 | Credit Card Spending | Feb | |
| 09:00 | Trade Balance | Feb | |
| 09:00 | Public Sector Net Borrowing | Feb |
