This is called helicopter money: https://en.wikipedia.org/wiki/Helicopter_money https://en.wikipedia.org/wiki/Helicopter_money It sucks because it is irreversi

This is called helicopter money: https://en.wikipedia.org/wiki/Helicopter_money https://en.wikipedia.org/wiki/Helicopter_money It sucks because it is irreversible. This is unnecessary. Just have the government finance UBI. After all, people like Larry Summers, with his "secular stagnation" theory, are calling for a shift from monetary policy to fiscal policy. And I think UBI, as you say, would be a very effective fiscal policy tool.