What is the difference between a fiscal stimulus and a monetary stimulus

What is the difference between a fiscal policy and a monetary policy from a financial perspective Introduction: The Financial Landscape Hello everyone! Welcome to our video on the financial perspectives of fiscal and monetary policies. In today's complex economic world, understanding these policies is essential. So, let's dive in! Defining Fiscal Policy Fiscal policy primarily revolves around the government's revenue and expenditure. It involves decisions related to taxation, public spending, and borrowing. By adjusting these elements, the government aims to influence the overall economy. The Tools of Fiscal Policy When it comes to fiscal policy, the government has several tools at its disposal. These include changes in tax rates, alterations in government spending, and the issuance of government bonds. Each of these tools has a specific impact on the economy. The Impact of Fiscal Policy Fiscal policy can have both short-term and long-term effects. In the short term, changes in government spending can directly impact sectors such as infrastructure, healthcare, or defense.