Pushing on a string is a figure of speech for influence that is more effective in moving things in one direction than another – you can pull, but not push.
If something is connected to you by a string, you can move it toward you by pulling on the string, but you can't move it away from you by pushing on the string. It is often used in the context of economic policy, specifically the view that "Monetary policy asymmetric; it being easier to stop an expansion than to end a severe contraction."
Read more about Pushing On A String: History, Monetary Policy
Famous quotes containing the words pushing and/or string:
“I remember once dreaming of pushing a canoe up the rivers of Maine, and that, when I had got so high that the channels were dry, I kept on through the ravines and gorges, nearly as well as before, by pushing a little harder, and now it seemed to me that my dream was partially realized.”
—Henry David Thoreau (1817–1862)
“Supposing everyone lived at one time what would they say. They would observe that stringing string beans is universal.”
—Gertrude Stein (1874–1946)