If you’re reading a personal finance blog, there’s a decent chance you may have heard or read terms like “quantitative easing” or “economic stimulus”.
That is an indirect, though you could say effective, way of getting money into the hands of people and getting them to spend. So that the economy (or the flow of money through spending, business, income, and more spending) moves or grows faster.
But that’s mostly imperceptible to us common folks.
So it was a little surprising to read about “helicopter money” – or government/central banks thinking about directly handing out money to people, bypassing banks altogether.