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QE was the bailout, primarily. It is what economists call monetary policy, with the other side of economic policy being called fiscal policy. The fiscal side of
by wallace_f 7y ago
QE was the bailout, primarily. It is what economists call monetary policy, with the other side of economic policy being called fiscal policy. The fiscal side of the bailout was much smaller, amost by 3 orders of magnitude. Anyways, it's Ok to be new to a subject but you shouldn't state as much in the first sentence and then start pronouncing what look to be conclusions in the second.