Michael Metcalfe: We need money for aid. So let’s print it.

The video discusses the challenge of meeting international aid goals amidst financial constraints. It explores the idea of using central banks' money creation, similar to their response to the financial crisis, to boost aid funding. The speaker introduces 'Print Aid,' a scheme where central banks match government aid payments, arguing that the inflation risk is minimal compared to the potential benefits. The talk concludes with a call to seize the opportunity to enhance aid funding.

What major challenge is highlighted in the introduction regarding aid payments?

• Increased global poverty rates

• Overpopulation in developing countries

• Lack of international cooperation

• Falling aid payments due to the financial crisis

Who are the two children mentioned to illustrate the disparity in life opportunities?

• Carlos from Spain and Aisha from Nigeria

• Ali from Egypt and Mei from China

• John from the USA and Maria from Brazil

• Pia from England and Dorothy from Kenya

What historical target did governments set for overseas aid payments in 1970?

• 1.0 percent of national income

• 0.5 percent of national income

• 0.7 percent of national income

• 2.0 percent of national income

What lesson did the speaker learn from his daughter's innocent question?

• The value of education

• The concept of inflation and money supply

• The need for more charitable donations

• The importance of saving money

How did central banks respond to the financial crisis according to the speaker?

• By increasing interest rates

• By creating money to buy assets

• By reducing government spending

• By implementing austerity measures

What is the proposed scheme 'Print Aid' about?

• Increasing taxes to fund aid

• Cutting down on military expenses

• Creating money to match government aid payments

• Reducing government aid payments

What is one of the main concerns about the 'Print Aid' scheme?

• It could lead to increased inflation

• It might reduce government control

• It could cause political instability

• It might not be accepted by the public

What potential benefit does the speaker highlight about the 'Print Aid' scheme?

• It could reduce national debts

• It could double the current aid payments

• It could increase global aid by 40%

• It could eliminate global poverty

What does the speaker fear about the opportunity for implementing 'Print Aid'?

• It might not be effective

• The window of opportunity is short

• It might be too costly

• It could lead to international conflict

What is the speaker's final stance on printing money for international aid?

• It should be avoided at all costs

• It is a risky and unfeasible idea

• It should be seriously considered

• It is unnecessary and redundant