Tag: monetary policy

DirecTV – Don’t Get Body Slammed by a Lowland Gorilla

In this DIRECTV commercial, a series of misfortunes unfolds, starting with the simple decision to have cable TV. Feeling down, you don’t get out of bed, leading to your job at the zoo being taken over by an unqualified replacement. This replacement leaves the door to the gorilla cage open, allowing the gorilla to escape and eventually find and attack you at home.

The commercial gives you a funny way of watching an “if this, then this” situation. A seemingly simple change in monetary policy can have far-reaching and unexpected consequences. Indirect and sometimes delayed effects of policy decisions can have a much broader impact on the economy than what we might first expect.

Thanks to Brian O’Roark for the clip suggestion!

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The G Word with Adam Conover – Monetary Stimulus During Covid

Whenever a country enters a recession, there are two categories of responses available to policymakers: fiscal and monetary policy responses. Fiscal policy responses focus on taxation and spending while monetary policy responses refer to Central Bank activity. In the United States, monetary policy is administered by the Federal Reserve. The Fed is responsible for influencing the quantity of money and credit in the economy. During the Covid-19 pandemic, the Federal Reserve was responsible for issuing treasury bonds to finance fiscal policy decisions.

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Teen Titans Go — The Gold Standard

The gang tries to catch a leprechaun for St. Patrick’s Day so that they can get his three wishes. In their quest, Beast Boy uses one of his wishes to become a leprechaun and beings to “live the leprechaun life” which includes a lust gold. Beast boy sells all of his friend’s stuff in exchange for gold. He then announces that his goal is to get the government back on the gold standard and attempt to fix the exchange rate. They go on to explain the rationale behind the gold standard and Nixon’s authorization to end the gold standard.

Thanks to “Mike on Twitter” for posting about the clip!

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