In economics, an easy money policy is a monetary policy that increases the money supply usually by lowering interest rates. The policy may lead to inflation.
Famous quotes containing the words easy, money and/or policy:
“It is easy to dodge a spear in the daylight, but it is difficult to avoid an arrow in the dark.”
—Chinese proverb.
“Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.”
—C. Wright Mills (1916–1962)
“We should have an army so organized and so officered as to be capable in time of emergency, in cooperation with the National Militia, and under the provision of a proper national volunteer law, rapidly to expand into a force sufficient to resist all probable invasion from abroad and to furnish a respectable expeditionary force if necessary in the maintenance of our traditional American policy which bears the name of President Monroe.”
—William Howard Taft (1857–1930)