I got lost on the difference between monetary and fiscal policy. On Fri, Jan 23, 2009 at 11:47 PM, Gruss G wrote:
> > You got me curious so I went to my favorite econ dude, Roubini. > (rgemonitor.com should be on everyone's daily reading list) > > > "Extremely high rates of inflation are generally associated with high > rates of money growth, often the result of financing large fiscal > deficits by printing money. In this sense, there's no simple > distinction between monetary and fiscal policy." > > Which MUST mean I was right. Or not. But probably. Right? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:286435 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
