macro options simplified:
what is the core difference between a macro policy based on the credit system
versus one that must dip deeper into the tax and transfer system ??
when loosening household loan availibility is simply not enough ..err like now
you gotta go to uppin the grants flow ..give it away
trying to promote added household spending now
that has to be paid back later
is useless
when dah nuts already too big
obviously uncle can monetize the net grant addition
thesis :
when you gotta up the grant flow
monetizing will have near zero impact on product price level dynamics
