Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Your observation is about distributional characteristics of the economy which, in terms of policy, are addressed by fiscal policy and not monetary policy; the former remains in the hands of Congress and the President without delegation to the Federal Reserve, which has been given only a narrow set of tools adapted to and a mission related to broad aggregate performance.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: