English term
too loose too long
| 3 +12 | for too long it wasn't tight enough |
Nesrin
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Non-PRO (1): Jive
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Responses
for too long it wasn't tight enough
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Note added at 10 mins (2011-06-18 09:27:45 GMT)
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Definition found:
" "loose" policy is also often referred to as "expansionary" policy, and "tight" policy is often called "deflationary" policy."
http://spoteconomics.blogspot.com/2011/01/no-175-about-loose...
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Note added at 13 mins (2011-06-18 09:30:57 GMT)
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Further down that same page: "Here, the government has loosened the Monetary Policy tap. Lower interest rates encourage households and firms to take out credit and then spend it, increasing the flow of demand in the economy.
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