Sentences with phrase «substitute real capital»

Monetary Policy Experiments As investors substitute real capital assets for currency and government bonds, central banks find that manipulating interest rates becomes a less effective tool for managing the economic cycle.

Not exact matches

Their mission is to protect the jobs of teachers in the regular public schools, and real technological change — which outsources work to distant locations, allows students and money to leave, substitutes capital for labor, and in other ways disrupts the existing job structure — is a threat to the security and stability that the unions seek.

So how it impacts the real economy is effectively by substituting technology for labor and substituting it for capital.