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QE is monetary policy. The (somewhat simplified) difference between the two: Fiscal policy is taxes and expenditures; monetary policy is what your central bank
by johnpmayer 11y ago
QE 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!