Richard Koo: If Helicopter Money Succeeds, It Will Lead To 1,500% Inflation

http://www.zerohedge.com/news/2016-07-27/richard-koo-if-helicopter-money-succeeds-it-will-lead-1500-inflation


"if businesses and households were to resume borrowing in earnest, the US money supply could balloon to 15 times its current size, sending inflation as high as 1,500%. The corresponding ratios are 28 times for Japan and Switzerland, five times for the eurozone, and 11 times for the UK. Once private-sector demand for loans recovers in these countries, confidence in the dollar, euro, and yen will plummet."