Sir Michael Bunbury calls for central banks to buy equities
Also calling for helicopter money
Central banks buying equities could reverse recent falls
Policymakers should step into the equity market and buy stocks, as Hong Kong did in 1998, to shore up equity markets after recent precipitous falls, according to Sir Michael Bunbury.
Central banks began this week with co-ordinated policy action to protect economies, with UK's Chancellor Rishi Sunak promising a £330bn rescue package for companies and transport secretary Grant Shapps...
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