Insight - Venice’s 400-year-old Covid monetary lesson

Worse experience: People walk past an old building at St Mark’s square in Venice. The city lost 30% of its population in three years to the bubonic plague outbreak that started in 1630, so the impact was far more destructive than Covid-19. — AFP

WE don’t talk much about helicopter money anymore.

After a debate that raged through the early days of the pandemic, it’s all but fallen off the map as a topic. That’s hardly surprising, given how radically economic conditions have changed.