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“A monetary-fiscal loosening is coming” is this not the permanent state of affairs? And not just in America but just about any country in the world.
by chvid 10mo ago
“A monetary-fiscal loosening is coming” is this not the permanent state of affairs? And not just in America but just about any country in the world.
- JumpCrisscross 10mo ago> is this not the permanent state of affairs? No. We just concluded a multi-year tightening combined with multi-trillion dollar Fed balance sheet reduction.
- mistrial9 10mo ago"tightening" from zero interest ?!?
- JumpCrisscross 10mo ago> "tightening" from zero interest ?!? What part are you confused by? There was more money and it was cheap. There was then less money and it became more expensive. Now it’s becoming cheap and plentiful again.
- adammarples 10mo agoThat's a monetary tightening, fiscal policy has been getting looser in all developed nations for a while, except places like Greece which were forced to tighten
- bdangubic 10mo agoso many words put together where neither of them makes any sense
- adammarples 10mo agoOK I'll translate it. Developed nations' central banks have been reducing the supply of money, while their governments have been spending a higher proportion of it.
- JumpCrisscross 10mo ago> That's a monetary tightening, fiscal policy has been getting looser in all developed nations for a while Got it, yes. Though I’d argue Europe at least tried after the financial crisis.