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Exact(9)
"That's what we learned from the 1970s, when the Fed undertook a very expansionary monetary policy.
Here's the problem: The economy needs help, but monetary policy, which is the Fed's responsibility, has not been very expansionary.
3. Fears about the resolution of the Bank of Japan, its willingness to persist in very expansionary monetary policy for a long time.
The meat is at the end: Monetary policy in the eurozone is geared towards monetary union as a whole; a very expansionary stance for Germany therefore has to be dealt with by other, national instruments.
"We have got to have a very expansionary monetary policy, which we have had until quite recently, but I sense the Bank of England is running out of steam, or perhaps motivation.
"A very expansionary stance for Germany therefore has to be dealt with.."... I'm pretty sure that this is code for saying that Germany will try to prevent any inflationary impact of low ECB rates with fiscal contraction.
Similar(51)
No, the real victims of expansionary monetary policies are the very people who the current mythology says are pushing these policies.
With regards to women, changes observed for the overall period and for the expansionary period are very much the same with important increases in occupations related to managerial, professional and technical jobs and retail sales.
The effects on real activity are expansionary in both the short run and long run.
Or as the economists like to ask: Is there really something called expansionary austerity?
The pact, which limits the deficits of its 12 members to 3percentt of their gross domestic product, would have forced Germany and France to undertake draconian budget cuts at the very moment that economists say they need expansionary fiscal policies to revive anemic demand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com