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Monetary policy and the economic recovery

Editorial

Dr. Tamaro J. Green

TJG News:

2021-02-23 14:17:26 viewed: 110

 

Monetary policy to this point has been successful in supporting the economic recovery.  The prolonged health crisis has had the effects of increased unemployment and the closing of many small businesses.  The support packages that have supported business have aided some of the economy have reduced some of the effect of the health crisis.  Some companies have also profited greatly from the pandemic.  Some sectors of the economy have also struggled such as restaurant, travel, tourism, hotel, and lodging.  Some sectors have seen a boom such as health care and technology.   Many businesses have to assess their business models to support new initiatives such as social distancing, the wearing of personal protective equipment, and cleaning of common areas and equipment.  Monetary policy may reflect these new requirements for businesses while supporting them in the economic recovery.

 

Dr. Tamaro Green is a computer science researcher and the founder of TJG Web Services.  TJG Web Services, LLC is a consulting firm in the field of information technology.  Dr. Green writes on topics of privacy, security, and ethics in information technology and computer science.

TJG News Editorials are opinion pieces and do not necessarily express the opinion of TJG News.  To publish editorial pieces in TJG News send an email to editor@tjgnews.com.