The word "monetary" is correct and usable in written English.
You can use it to refer to matters related to money, currency, or the management of finances. For example, "The government has implemented a range of fiscal and monetary policies to reduce poverty in the country."
I don't have any monetary interest in this".
But Waldfogel's studies also suggest a very different solution: if most of the presents we buy are going to be less valuable in monetary terms than in sentimental ones, then there's no reason to believe that the more expensive gift is a better gift.
So we will stick to our plan on the deficit and continue to use monetary policy to support growth without adding to borrowing or debt.
"At a stroke, this would make the implied cuts for non-protected departments and welfare slightly more plausible (if still very severe), mark an 'end to austerity' by the middle of the parliament and soften (at the margins) the pressure on the Bank to keep monetary policy on the floor".
As Lyons notes: "Fiscal policy should not impose unnecessary strains on monetary policy".
"Given the ban on monetary financing of states, I don't think it's OK that banks which don't have access to the markets are being granted loans which then finance the bonds of their government, which doesn't have access to the markets itself," he said, in an interview with German newspaper Handelsblatt.
Like him, she favours transparent monetary policy, public targets, more and better communication.
There could have been a better dove-tailing of monetary (interest rates and QE) and fiscal (tax and spending) policies.
UK bond yields are low because growth is so appalling that the markets have no expectation that the monetary policy committee will be able to raise interest rates for years, and because we have our own central bank that can initiate quantitative easing.
"A credible fiscal plan allows you to have a looser monetary policy than would otherwise be the case.
Several competing explanations attempt to reconcile these trends, and getting it right is essential for calibrating monetary and fiscal policy appropriately.
