Hernandez, Johan 3rd Ser comic

Hernandez, Johan 3rd Ser comic

Storyboard Text

  • Hey do you know the difference between Monetary and Fiscal Policies
  • Fiscal policy refers to the tax and spending policies of the federal government. Policies are determined by Congress and the Administration. Fed plays no role in fiscal policy.
  • No, what's the difference
  • Good to know
  • Oh yeah The new actions are against non-renewable resource use.
  • Then Monetary policy refers to the actions of central banks to achieve macroeconomic policy objectives such as price stability, full employment, and stable economic growth.
  • I heard that the government took new actions for the economy
  • Oh shoot. That will hurt Texas, they are reliant on oil and gas!
  • ok
  • That's true, how will they recover?
  • Quien es el Quien es el
  • No si No si
  • I am not sure, with the higher fed fund rate the banks won't lend out as much money at a lower rate
  • Hola Hola
  • So the oil and gas companies that want to start up might not be able to get the loans they need?
  • appsolutely and its all big government's fault.
  • I don't think it's all big government.
  • Quien es el Quien es el
  • No si No si
  • Fiscal policies at least! those are controlled by the government. Therefore the taxes on said items.
  • Hola Hola
  • I think it's monetary polices more-so, the federal reserve bank affecting the overall economy. More than the government has.
  • Quien es el Quien es el Quien es el Quien es el
  • No si No si No si No si
  • UGH! fine whatever!
  • Hola Hola Hola Hola
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