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Deutsche's Reid: Helicopter money is on the way

Almost half the attendees at a Deutsche Bank conference this week expect central banks to have to resort to money drops

A significant minority of fund managers think helicopter money is inevitable
A significant minority of fund managers think helicopter money is inevitable Photo: iStock
A significant minority of fund managers think helicopter money is inevitable
A significant minority of fund managers think helicopter money is inevitable Photo: iStock

Central banks around the world will have to resort to dropping "helicopter money" on their economies, according to almost half of the investors attending a Deutsche Bank conference on June 9 – a statistic that renowned strategist Jim Reid called "remarkable".

Reid, head of global fundamental credit strategy at the German bank, posed a series of eight big macroeconomic questions to the audience of "several hundred" fund managers and business people at Deutsche's European Leverage Finance conference.

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