"Helicopter money would tear gaping holes in central bank balance sheets"
Interview with Jens Weidmann published in the newspapers of the Funke Mediengruppe on 21 March 2016: "People worry if monetary policy is too loose"
Interview conducted by Kerstin Münstermann and Jörg Quoos. Translation: Deutsche Bundesbank
Are the ECB's measures the right move to stimulate Europe's economy?
The idea behind these measures is to encourage euro-area inflation to return more quickly to the avowed rate of just below, but close to, 2%. Specifically, this move is designed to shore up consumption and business investment, and thus to strengthen economic activity as well. Wages and prices will then also see renewed stronger growth.