In which Jacob and Adriene teach you about the evils of fiscal policy and stimulus. Well, maybe the policies aren’t evil, but there is an evil lair involved. In this episode we learn how government use taxes and spending influence the economy. Sometimes the government gives, and sometimes it takes. And the giving and the taking can have a profound effect on how economies behave.

Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse

Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:

Mark , Elliot Beter, Moritz Schmidt, Jeffrey Thompson, Ian Dundore, Jacob Ash, Jessica Wode, Today I Found Out, Christy Huddleston, James Craver, Chris Peters, SR Foxley, Steve Marshall, Simun Niclasen, Eric Kitchen, Robert Kunz, Avi Yashchin, Jason A Saslow, Jan Schmid, Daniel Baulig, Christian , Anna-Ester Volozh

Want to find Crash Course elsewhere on the internet?
Facebook – http://www.facebook.com/YouTubeCrashCourse
Twitter – http://www.twitter.com/TheCrashCourse
Tumblr – http://thecrashcourse.tumblr.com
Support Crash Course on Patreon: http://patreon.com/crashcourse

CC Kids: http://www.youtube.com/crashcoursekids
Video Rating: / 5

On March 11, 2021 the president signed the American Rescue Plan into law, providing a new round of stimulus checks to millions of Americans. That’s an example of fiscal stimulus, not monetary stimulus. Monetary and fiscal policy sound similar, and they are both ways the government can influence the economy. Monetary policy involves the money supply and interest rates, while fiscal policy focuses on taxation and government spending. When there’s an economic slowdown, they typically take the form of stimulus plans like the CARES Act (fiscal stimulus) or quantitative easing (monetary stimulus). Understanding how fiscal and monetary policy are similar and how they differ can help you better understand how government stimulus could affect your portfolio.

Subscribe: http://bit.ly/SubscribeTDAmeritrade

Check out Investor Insights for daily livestreamed webcasts with TD Ameritrade education coaches: http://bit.ly/SubscribeTDAmeritradeInvestorInsights

TD Ameritrade is where smart investors get smarter. We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know.
Connect with TD Ameritrade:
Facebook: http://bit.ly/TDAmeritradeFacebook
Twitter: http://bit.ly/TwitterTDAmeritrade
Open an account with TD Ameritrade: http://bit.ly/SignUpTDAmeritrade
#stimulus #stimulusbill #stimuluschecks
Video Rating: / 5

Share this page: