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!@#$%! · 03.24.2023, 02:29 PM

notice for example the following SERIOUS policy suggestions to reduce economic inequality in the united states:

https://belonging.berkeley.edu/six-p...mic-inequality

aside from the mimimum wage, which is a legal matter but not a fiscal one, they are all tax & fiscal policy. and they all require LEGISLATION.

NONE of those involve monetary policies/the fed. which does not fucking legislate, but simply adjusts interest rates to regulate the money supply.

congress does fiscal policy, the fed does monetary policy.

monetary means related to money (and banking).

CHILDREN PLEASE NOTE, MONEY IS NOT ECONOMIC OUTPUT.

guns, butter, medical care, porno films, drinking water, sewage service, dildos, scientific research, corn, computer games, and all goods and services are economic output.

money is just the medium of exchange.

03.24.2023, 02:29 PM	#736
!@#$%! invito al cielo Join Date: Mar 2006 Location: mars attacks Posts: 42,457	notice for example the following SERIOUS policy suggestions to reduce economic inequality in the united states: https://belonging.berkeley.edu/six-p...mic-inequality aside from the mimimum wage, which is a legal matter but not a fiscal one, they are all tax & fiscal policy. and they all require LEGISLATION. NONE of those involve monetary policies/the fed. which does not fucking legislate, but simply adjusts interest rates to regulate the money supply. congress does fiscal policy, the fed does monetary policy. monetary means related to money (and banking). CHILDREN PLEASE NOTE, MONEY IS NOT ECONOMIC OUTPUT. guns, butter, medical care, porno films, drinking water, sewage service, dildos, scientific research, corn, computer games, and all goods and services are economic output. money is just the medium of exchange.
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