Often conflated, often confused, fiscal and monetary policies take very different approaches to influence the economy. And use two very different departments: the government and the Fed. Senior Editor Paddy Hirsch explains.
Europeans are worried that countries like Italy and Greece, struggling with heavy debts, could fail, and threaten the Euro. Their solution – a Eurobond. Senior Editor Paddy Hirsch explains what a Eurobond is, and why some people don’t like the idea.