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The Poetry of Macroeconomics

April 6, 2013
By Helena.of.Karatha DIAMOND, Saint Paul, Minnesota
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Helena.of.Karatha DIAMOND, Saint Paul, Minnesota
79 articles 0 photos 21 comments

Favorite Quote:
&quot;You&#039;re a great wizard, Harry.&quot;<br /> &quot;Not as good as you.&quot;<br /> &quot;Me?! Books! And cleverness! There are more important things, Harry--friendship, and bravery, and--oh, Harry, just be careful.&quot;

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Should output lag below potential’s Y,
Recessionary gap has hold of us.
Concerns about inflation now draw nigh--
Inflationary gap will shake our trust.
The Fed does monetary policy
Manipulates the interest rates for banks
All eyes are on the flow of currency
Afraid of issues if the system tanks.
Recessionary fixers needed be?
Expansionary fiscal policy!
Want to fix inflation easily?
Contractionary fiscal policy.
Stagflation is more complicated, though.
Fix it with fiscal policy? Heck no!

© Kevin M., Miami, FL

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