Die Heuning Pot Literature Guide
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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Fiscal Policy

Definition:

When the economy begins to suffer from serious recession or inflation, politicians will almost always intervene to try to improve the situation. Their interventions may or not be good economics-often they're not!-but you can hardly blame the politicians for trying. Nobody wants to go down in history like Herbert Hoover, the president who became a widely hated figure for failing to use the government aggressively enough to try to end the Great Depression. LInk here: http://www.shmoop.com/economic-policy-macroeconomics/fiscal-policy.html

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