Will our skies be filled with helicopters?

Inflation expectations are rising. John C Burford looks at how that will affect the stockmarkets.

Have you noticed the latest buzz phrase flying about? It is "helicopter money". This is the plan for central banks to print money from nothing and distribute it to citizens directly. Up until now, they have tried to stimulate the economies through the back door by getting the new quantitative easing (QE) money into the hands of the banks who would theoretically make loans to companies and individuals.

That is the familiar QE scheme - and it has utterly failed in that mission. The banks are finally wising up to that fact after eight years, all it has done is pump up asset prices.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.