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

Name: We need money for aid. So let’s print it.
Uploaded: 2014-02-26T16:15:01Z
Duration: 14 min 10 s
Description: 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?

820,133 plays|

Michael Metcalfe |

TED@State Street Boston

• November 2013

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?