What are pros and cons of using expansionary and contractionary fiscal and monetary policy tools?

Pros and cons of using expansionary and contractionary fiscal and monetary policy tools robust growth?

  • Answer:

    The pro is that you can rob from the poor and give to the rich. The con is that a small number of economists, no matter how brilliant, can never be more powerful than the free market. The market will always win, and will correct the economy violently if necessary, just as it did in 2008. Contractionary? They never contract the money supply, it always expands.

Tasha Locklear at Yahoo! Answers Visit the source

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