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


A senior managing director and head of global macro strategy at State Street Global Markets, Michael Metcalfe’s team provides high quality capital flow research

During the financial crisis, the central banks of the United States, United Kingdom and Japan created $3.7 trillion in order to buy assets and encourage investors to do the same. Michael Metcalfe offers a shocking idea: could these same central banks print money to ensure they stay on track with their goals for global aid? Without risking inflation?

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