On behalf of The Centre for Finance and Investment (CFI) at Edinburgh Business School, the Watt Club invites financial practitioners, alumni, students and members to join us for the CFI debate 


“This House is prepared to dispense helicopter money”
Since the Global Financial Crisis, economies and financial markets have received support in the form of unconventional monetary policy. Quantitative easing and record low, or even negative, interest rates are in operation across the developed world. But growth remains slow and political discontent is very high. Policymakers may need to do more.
Milton Friedman used the term “helicopter money” to describe the supply of money direct to the public as if dropping it from a helicopter. Have we reached the point where the use of helicopter money is worth trying? Will helicopters appear during the next economic recession or before? How many helicopters will we need?
The motion for this debate advocates the use of such a policy.
For the motion:
Bill Blain, strategist at Shard Capital, and writer of the Morning Porridge Financial Commentary and Podcasts.
Eric Lonergan, M&G Investments and The Philosophy of Money.

Against the motion:
Russell Napier, independent investment strategist and Keeper of The Library of Mistakes.
Bill Dinning, chief investment officer, Waverton Investment Management.

Heather McGregor, Executive Dean, Edinburgh Business School

Postgraduate Centre, Heriot-Watt University, Riccarton campus

 6 February 2020, 6-9pm
For any questions, please email Dr. Eddie Jones, Director of CFI on e.jones@hw.ac.uk.

We hope you can join us.