TITLE

Let the Market Correct Itself: The Unintended Consequences of Monetary Policy

AUTHOR(S)
Schultz, Joshua
PUB. DATE
September 2010
SOURCE
Canadian Student Review;Fall2010, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
In the article, the author discusses the consequences of bailouts and huge stimulus packages to help jumpstart a country's economy during a financial crisis. He claims that the Emergency Economic Stabilization Act of 2008 and the American Recovery and Reinvestment Act of 2009 that were implemented in the U.S. to resolve the financial crisis have worsened the situation. He suggests that the best move by the government is to implement measures for long-term economic growth by imposing negative policies like tax and government spending cuts.
ACCESSION #
55577515

 

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