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Podcast: The Real Estate Espresso Podcast
Episode: Fiscal Or Monetary Dominance
Description: On today show we are looking at a tug-of-war that is underway in the financial markets. There is also a competition for capital between government and private enterprise. For the moment it appears as though government is winning that battle for dollars. We have an economy that is partially being controlled by two gigantic levers. The first lever is monetary policy and the second lever is fiscal policy.Â
But before we use these terms, it would be useful to define them.Â
Monetary policy is controlled by the central bank. Those decisions affect bank liquidity, the pr...