Here Come the Money Helicopters!

"The idea behind 'People’s QE' is that central banks would directly fund government spending… and even inject money directly into household bank accounts, if need be. And the idea is catching on. Already the European Central Bank is buying bonds of the European Investment Bank, an E.U. institution that finances infrastructure projects. And the new leader of Britain’s Labor Party, Jeremy Corbyn, is backing a British version of this scheme.
Ah-ha! That’s the monster coming to towns and villages near you! Call it 'overt monetary financing.' Call it 'money from helicopters.' Call in 'insane.' But it won’t be unpopular. Who will protest when the feds begin handing our money to 'mid- and low-income households'?"