Michael Metcalfe: We need money for aid. So let’s print it.

Michael Metcalfe: We need money for aid. So let’s print it.

Assessment

Interactive Video

Business

11th Grade - University

Hard

Created by

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FREE Resource

The video discusses the challenge of meeting international aid goals amidst financial constraints. It explores the idea of using central banks' money creation, similar to their response to the financial crisis, to boost aid funding. The speaker introduces 'Print Aid,' a scheme where central banks match government aid payments, arguing that the inflation risk is minimal compared to the potential benefits. The talk concludes with a call to seize the opportunity to enhance aid funding.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the proposed scheme called that suggests printing money for aid?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two important mitigating factors regarding the proposed money creation for aid?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much additional aid could the 'Print Aid' scheme potentially generate?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's overall belief about the risks and benefits of the proposed aid scheme?

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