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Văn bản từ 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.

Xin hãy chỉnh sửa từng câu giúp tôi! - English

  • Tiêu đề
  • câu 1
  • câu 2
  • câu 3
    • Before elections, they would implement expansionary policies in order to reduce unemployment but those policies increase inflation.
      Bầu chọn ngay!
    • ADD a NEW CORRECTION! - câu 3ADD a NEW CORRECTION! - câu 3
  • câu 4
    • After the election, they would fight unemployment through contractionary policies but those policies lead to high interest rate and unemployment rise.
      Bầu chọn ngay!
    • 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
      Bầu chọn ngay!
    • ADD a NEW CORRECTION! - câu 4ADD a NEW CORRECTION! - câu 4
  • câu 5
  • câu 6
    • Moreover, the independence of the central banks prevents government from financing the deficit through expansionary policies.
      Bầu chọn ngay!
    • ADD a NEW CORRECTION! - câu 6ADD a NEW CORRECTION! - câu 6
  • câu 7
    • Lastly, some people argue that monetary policy is too technical and complicated for politicians and citizens who are not educated on.
      Bầu chọn ngay!
    • 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
      Bầu chọn ngay!
    • ADD a NEW CORRECTION! - câu 7ADD a NEW CORRECTION! - câu 7
  • câu 8
  • câu 9
    • Besides, as the central bank is not elected, it can implement unpopular policies if it is in the interest of the citizens.
      Bầu chọn ngay!
    • ADD a NEW CORRECTION! - câu 9ADD a NEW CORRECTION! - câu 9