4 ms·
That's very true, but in the end fiscal policy is how the government regulates corporate profits (taxation) and inflation (spending/social security/subsidies).
by gargs 4y ago
That's very true, but in the end fiscal policy is how the government regulates corporate profits (taxation) and inflation (spending/social security/subsidies). Before the supply chain issues, inflation was on no one's mind and the primary concern was a recession caused by the virus. So, governments pumped unseen amounts of money into the economies to keep them chugging, this after they'd not pulled back from the stimulus that was put into effect after the 2008 recession.