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The Economist: Out Of Ammo

648 Words3 Pages

Fear is a dream killer and a motivation killer. Causing people to hid in the darkness and be scared of the future. Acting on the moment is not an easy task for anyone but sometimes acting in the moment is the only option, or the time might pass and worse outcomes will occur. This can be related to how the United States uses their policy options either with the fiscal policy run by the government and-or the monetary policy run by the federal reserve. In these policies the main basis is the fiscal policy is in charge of controlling taxes and government spending in times of booms and busts. On the other hand the monetary policy is in charge of controlling the money supply and interest rates in time of booms and busts. But back to the topic at …show more content…

“If the politicians fail to act now, while they still have time, a full-blown crisis in markets will force actions upon them.” A quote taken from an article written in the Economist: “Out of Ammo?”. There is a fine line of how the people in a country will use their money and how the government of the same country will use money. Finding a balance between the both is key. As described back in the day with Aristotle and his well known philosophy; Aristotle's Golden Mean: a balance between two different extremes. Finding a way for the government to give money to the people in order to boost production and keep the supply and demand curves in line is also key for a strong future. But there is restrictions that are holding people back, people know what they have to do in order to progress in life but once again there is a factor of fear holding people back. One of the places that the fear comes from as stated in the article is with history and what the other countries had to go throw. A specific example of this is back in the crisis of 2007-08 with the European Central Bank. Things started to fail and caused the euro to start to fall and make people start to

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