UK’s Adair Turner advocates stimulus by ‘helicopter money’


'Overt monetary financing' – printing money to pay the government's bills – should not be considered a taboo subject, and in many cases is a viable stimulus option, according to Adair Turner, the chairman of the UK's Financial Services Authority (FSA).

Speaking last night at the Cass Business School in London, Turner – who was a candidate to succeed Mervyn King as governor of the Bank of England, before the appointment of Mark Carney – focused on the controversial topic of "helicopter money", a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: