The Synthesis of "fiscal consolidation"

Discover what austerity is: a set of economic policies aimed at reducing government budget deficits through spending cuts and/or tax increases.

Discover how governments use fiscal policy—spending and taxation—to influence the economy, manage inflation, and promote stable growth.

A budget deficit occurs when spending exceeds revenue. Discover what this means for national debt, economic policy, and your personal finances.

Discover what government spending is, why it's a hot topic, and how fiscal policy decisions on infrastructure and social programs impact you.

Discover Public Finance, the study of government revenue and spending. Learn how taxation, public debt, and budgets shape our economy and daily lives.

Discover Quantitative Tightening (QT), the central bank policy of shrinking its balance sheet to combat inflation. Learn its real-world economic impact.