Olivier Blanchard: Helicopter Money 'Largely a Scam'

The video discusses the implications of negative interest rates on economies like Switzerland, Germany, and the UK, highlighting their effects on bank profits and credit availability. It explores market reactions, investment strategies, and the role of Treasurys in diversification. The concept of helicopter money and its relation to fiscal deficits is also examined, with a critical view on its effectiveness.

How do negative interest rates impact demand for mortgages?

What are the potential effects of negative interest rates on banks' profits?

What are the long-term trends in the global fixed income market regarding negative yields?

What is the significance of Treasurys in a low return environment?

Discuss the concept of helicopter money and its implications.