3 ms·
Monetary stimulus (QE, Low interest rates) is not fiscal stimulus (spending). Maybe we need to do a lot less buying assets, and a bit more spending on people an
by grey-area 6y ago
Monetary stimulus (QE, Low interest rates) is not fiscal stimulus (spending). Maybe we need to do a lot less buying assets, and a bit more spending on people and jobs. The parent is recommending the latter (spending), not the former.