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Charis from the Binance Australia team is back with another great explainer video. For this video, Charis is here to talk about economics in Australia and give you the TLDR of Monetary vs Fiscal policy. This means we'll be covering what is Fiscal policy, what is Monetary policy and how they interact with each other. We'll also be looking at interest rates and inflation in Australia, as well as discussing why interest rates are increasing and what that means for the economy. Finally, we'll touch on expansionary monetary policy and fiscal policy in Australia. This video covers: Chapter 1: 00:00 - 00:34 Introduction Chapter 2: 00:34 - 00:42 What is monetary policy? Chapter 3: 00:42 - 01:13 The application of monetary policy Chapter 4: 01:13 - 01:39 The RBA’s control over the economy Chapter 5: 01:39 - 02:04 What is expansionary monetary policy? Chapter 6: 02:04 - 02:42 What is Fiscal policy? After watching this video, you will know the difference between monetary and fiscal policy, and how they affect our economy. If you want to learn more about crypto or economics terms, leave a comment below and subscribe to our YouTube channel! Connect with Binance Australia ⬥ LinkedIn: / binanceaustralia ⬥ Telegram: https://t.me/binanceaustralia ⬥ Twitter: / binance_aus ⬥ Instagram: / binanceaustralia ⬥ Website: https://www.binance.com/en-AU Sign up to Binance in Australia: https://accounts.binance.com/en/register Disclaimer: This content is for general information purposes only, not investment advice. Cryptocurrencies, including Bitcoin, are volatile and fluctuate on a day-to-day basis, thus, trading requires proper diligence and sound judgement in order to evaluate the risks associated. Nothing in this video constitutes investment or legal recommendation, nor should any data or content mentioned in the newsletter be relied upon for any investment activities. You should consider seeking independent legal, financial, taxation or other advice to check how the video content information relates to your unique circumstances. Binance Australia is not affiliated, associated, endorsed by, or in any way officially connected with any individual or organisations mentioned in the video. Binance Australia is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly by use of this newsletter and expressly disclaims any and all liability for any loss or damage you may suffer.