justin88

ST - Monetary
LT - Fiscal

Hence

1) Expansive Monetary (keep IR low) and Expansive Fiscal (Borrow more driving up LT rates)
2) Contractive Monetary (high IR) and Contractive Fiscal (borrow less so keep long end rates down)
3) ...... guess....... fiscal and monetary opposite?

@Kabaka - why did you say Contractive and Expansive for number 3?
what would the opposite - an expansive monetary and constrictive fiscal look like in your opinion?