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The origin of the phrase "helicopter money" was from Milton Friedman, when he described the lunacy of the concept. Ironic it's used seriously today.


Much has changed since Friedman was in vogue. The application of such economic theories has left a solid portion of Americans in the dust. Fully free markets are a great idea when houses cost 2x median annual income, a single family income can support a spouse and ~2 children, etc.




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