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Text from Val-entin - English

  • Central banks

  • Monetary policies demand a long-term view that is not compatible with the political cycles.
  • Politicians are short-sighted because they want to win the next elections.
  • Before elections, they would implement expansionary policies in order to reduce unemployment but those policies increase inflation.
    • After the election, they would fight unemployment through contractionary policies but those policies lead to high interest rate and unemployment rise.
  • Politicians are short-sighted whereas the independent central banks are long-sighted.
  • Moreover, the independence of the central banks prevents government from financing the deficit through expansionary policies.
    • Lastly, some people argue that monetary policy is too technical and complicated for politicians and citizens who are not educated on.
  • That is why only technocrats are believed to be qualified enough to develop monetary policies.
  • Besides, as the central bank is not elected, it can implement unpopular policies if it is in the interest of the citizens.

PLEASE, HELP TO CORRECT EACH SENTENCE! - English

  • Titolo
  • Frazo 1
  • Frazo 2
  • Frazo 3
    • Before elections, they would implement expansionary policies in order to reduce unemployment but those policies increase inflation.
      Voĉdoni nun!
    • ALDONI NOVAN KOREKTON - Frazo 3ALDONI NOVAN KOREKTON - Frazo 3
  • Frazo 4
    • After the election, they would fight unemployment through contractionary policies but those policies lead to high interest rate and unemployment rise.
      Voĉdoni nun!
    • After the election, they would fight unemployment through contractionary policies but those policies lead to high interest rates and an increase in unemployment rise.
      LadyDarkeLadyDarke profile picture Comments
      Voĉdoni nun!
    • ALDONI NOVAN KOREKTON - Frazo 4ALDONI NOVAN KOREKTON - Frazo 4
  • Frazo 5
  • Frazo 6
    • Moreover, the independence of the central banks prevents government from financing the deficit through expansionary policies.
      Voĉdoni nun!
    • ALDONI NOVAN KOREKTON - Frazo 6ALDONI NOVAN KOREKTON - Frazo 6
  • Frazo 7
    • Lastly, some people argue that monetary policy is too technical and complicated for politicians and citizens who are not educated on.
      Voĉdoni nun!
    • Lastly, some peoplemay argue that monetary policy isies are too technical andor complicated for politicians and citizens who are not educated onwell versed in the subject matter.
      LadyDarkeLadyDarke profile picture Comments
      Voĉdoni nun!
    • ALDONI NOVAN KOREKTON - Frazo 7ALDONI NOVAN KOREKTON - Frazo 7
  • Frazo 8
  • Frazo 9
    • Besides, as the central bank is not elected, it can implement unpopular policies if it is in the interest of the citizens.
      Voĉdoni nun!
    • ALDONI NOVAN KOREKTON - Frazo 9ALDONI NOVAN KOREKTON - Frazo 9