tight money

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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tight money - the economic condition in which credit is difficult to secure and interest rates are hightight money - the economic condition in which credit is difficult to secure and interest rates are high
financial condition - the condition of (corporate or personal) finances
easy money - the economic condition in which credit is easy to secure
References in periodicals archive ?
After all, this was the demand-oriented narrative they had used to justify tight money to begin with.
Mostly because this is the area where I have the most choice in what we spend - everyone else insists on getting paid in full regardless of how tight money is that month.
experience during the Great Depression, and after inflation and rising interest rates in the 1970s and disinflation and falling interest rates in the 1980s, I thought the fallacy of identifying tight money with high interest rates and easy money with low interest rates was dead.
We know how tight money is for the NHS, yet it is sickening to see funds denied to something so worthwhile when, as we report today, ambulance-chasing lawyers pocketed PS246million in a year from suing the NHS.
This has resulted in a huge loss triggering a tight money situation.
So in its infinite wisdom, what does the Federal Reserve do to alleviate this tight money supply but enter the open market and drain surplus reserves from the banking system, which exacerbates the situation.
After all, boosting the economy with expansionary monetary and fiscal policy is good for profits as well as wages, yet many wealthy individuals and business leaders demand tight money and austerity instead.
Under Congress' fiscal recklessness, tight money was ineffective to combat inflation.
As for Volcker's tight money, its largest effects occurred after the election.
Nigerian commercial banks' earnings were hit by the apex bank's tight money policies.