Nielsen: Helicopter Money Already Exists in Europe

The video discusses the relationship between strong banks and the economy, emphasizing the need for both to be robust. It analyzes the effectiveness of stress tests on banks, highlighting the significant economic shocks they simulate. The discussion then shifts to the concept of helicopter money in Europe, explaining its feasibility and current implementation through budget deficits and quantitative easing.

Discuss the implications of running a budget deficit alongside quantitative easing.

What are the potential long-term effects of increasing base money in the economy?