4 ms·
Was it? Not technically, I think; monetary policy was surrendered, not fiscal policy. Unless you're making a comment about how there can't be sane monetary poli
by cryptoz 11y ago
Was it? Not technically, I think; monetary policy was surrendered, not fiscal policy. Unless you're making a comment about how there can't be sane monetary policy without matching fiscal policy, in which case, carry on.
- deleted 11y ago[deleted]
- johnpmayer 11y agoQE is monetary policy. The (somewhat simplified) difference between the two: Fiscal policy is taxes and expenditures; monetary policy is what your central bank does.
- igravious 11y agoAh, I see -- I'm actually just going to delete my previous comment so because it does not add any value to the discussion here (and to be honest I'm a little embarrassed, heh). Interesting distinction and not one I was making. So much to learn here, thanks!