By Cameron Karimi
As people begin to lose their jobs Only one thing can put it to a stop
That is monetary and fiscal policy A Revolutionary methodology
Meant for lowering unemployment rates By creating alluring interest rates
Along with easing reserve requirements Banks can loan more for easy enticement
All while government buys securities Giving citizens better job security But when inflation starts to rise
The government sells their bonds at a fair price
The legislative and Executive branches Use another system to patch this
When the economy starts ailing and descending The governments cuts taxes and raises spending
The government also fights inflation By doing the opposite as preparation This keeps people off the street
And gives our money value to buy food to eat.
Explanation:
In this poem, I employed two topics of monetary and fiscal policy and how they relate to being a solution part of the time for unemployment and inflation. My poem goes over how monetary policy and fiscal policy work and their effects on people and their lives. Speaking about the main examples of reserve requirements, interest rates, and bonds. Along with explaining the vice versa of this and how it also helps people by increasing the purchasing power of the dollar by reducing inflation. As for Fiscal policy, I speak on the major policies used such as cutting taxes and raising spending for expanding the economy and vice versa for reducing inflation.