helicopter drop
 n.— «Bernanke detailed how the Fed could use its various tools to spur consumer and business spending, including by jumping into the bond market to directly buy Treasury securities in an effort to push down longer-term interest rates. Combined with federal tax cuts, he said, the effect would be a “helicopter drop” of money into the economy—a phrase coined by eminent economist Milton Friedman.» —“Immediate Policy Test Awaits” by Tom Petruno, Thomas S. Mulligan Los Angeles Times Oct. 25, 2005. (source: Double-Tongued Dictionary)

Tagged with →