On the recordJune 20, 2016
My sense of the academic consensus is that the main effect of accommodative monetary policy is to induce economic activity that was going to occur later at an earlier time.
Source
congress.govMy sense of the academic consensus is that the main effect of accommodative monetary policy is to induce economic activity that was going to occur later at an earlier time.
Toomey discusses the effects of accommodative monetary policy on economic activity timing.
Share
More from Pat Toomey
Hiking corporate taxes will slow economic growth and especially harm America's manufacturing sector.
I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.
But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.