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That's because it's not a monetary policy problem, but a fiscal policy problem. If you insist in fixing your home with your car jack, don't complain about the
by RobertoG 7y ago
That's because it's not a monetary policy problem, but a fiscal policy problem.
If you insist in fixing your home with your car jack, don't complain about the results.
- cm2187 7y agoWorthwhile read: https://www.business-standard.com/article/finance/can-banks-survive-negative-rates-instability-in-global-financial-system-119091300319_1.html https://www.business-standard.com/article/finance/can-banks-...
- speedplane 7y agoWhen we design policy around increasing the value of the stock market, we effectively give stock-holders power. Good policy should create efficient markets, not "high value" ones.