Contractionary Monetary Policy - Monetary Policy and The Real Economy

Monetary Policy and The Real Economy

As noted above, the relationship between monetary policy and the real economy is uncertain. It is important to note that contractionary monetary policy should not be confused with economic contraction (the latter being a reduction in economic output in the real economy).

Read more about this topic:  Contractionary Monetary Policy

Famous quotes containing the words monetary, policy, real and/or economy:

    There is no legislation—I care not what it is—tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.
    William Howard Taft (1857–1930)

    In considering the policy to be adopted for suppressing the insurrection, I have been anxious and careful that the inevitable conflict for this purpose shall not degenerate into a violent and remorseless revolutionary struggle.
    Abraham Lincoln (1809–1865)

    The dramatic art would appear to be rather a feminine art; it contains in itself all the artifices which belong to the province of woman: the desire to please, facility to express emotions and hide defects, and the faculty of assimilation which is the real essence of woman.
    Sarah Bernhardt (1845–1923)

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)