Monetary policy is defined as "regulation of the money supply to influence economy wide variables such as inflation, employment, and economic growth."

Make an argument for why if you think the federal government should or should not engage in monetary policy (to be clear, the Federal Reserve System - part of the federal government -is mandated by law to actively engage in monetary policy).

For your responses posts, respond in favor to monetary policy, what types of unintended consequences could likely occur as a result of the polices being promoted.Also, respond in a way that does not favor monetary policy, how do you think the absence of active monetary policy would impact long-term unemployment and economic growth?