Does Helicopter Money And The Size Of Central Bank Balance Sheets Matter?

Monetary policy accommodation has consequences, a Barclays report points out, as fiscal stimulus and contritely named helicopter money may point to the next reluctant leg in governments trying to jump start generally well-performing regional economies. But is there a point when too much debt overwhelms? Or don't central bank balance sheets matter?

Is there a limit to how far non-conventional monetary policy can extend?

There is a decided trend divergence among central bank balance sheets. As the Bank of Japan and European Central Bank balance sheets sprint to over 80% of their regional Gross Domestic Product – with projections having them hit...