Questions about example sentences with, and the definition and usage of "Monetary"

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A: Governments control fiscal policy, while central banks control monetary policy.

A: Business & Economics major here! 🙋‍♀️

While there's some overlapping between these two, when we talk about "monetary stuff", we're really honing in on cold, hard cash—actual currency. On the other hand, "financial" is a bit broader. It's not about the cash itself, but rather it includes a bunch of stuff related to money, like economics, stocks, markets, investments, debts, and so on. So, it's like zooming in on the dollars for "monetary" and zooming out to look at the bigger money picture for "financial."

You can think of “monetary” as stuff that is related to the currency itself – coins and banknotes, interest rates, exchange rates, and so on. When we talk about monetary issues, we often discuss how governments or central banks manage money – things like printing more bills, setting interest rates on loans, or regulating how much money is circulating in the economy.

Now “financial” is broader and covers not just the money but all the big financial playgrounds – debts, stocks, bonds, investments, you name it. Financial issues can be about not having enough money for something, like buying a car, or it can be about larger economic concepts like how a country manages its overall finances (macroeconomics).

So, for example, if someone mentions that a country is facing "monetary issues", it suggests problems specifically related to their currency, like issues with inflation rates, circulation problems, and so forth. On the other hand, if they talk about "financial issues", it implies broader economic challenges. This could encompass scenarios where a country struggles to meet its debt obligations, experiences a downturn in the stock market, encounters difficulties in attracting investments, or grapples with high levels of unemployment.

A: financial is when it deals with all things that are financial, like stocks and bonds. and monetary deals with both touchable money and cashless payments. i hope that makes sense!

A: I'd say the difference is that many people would not understand what the second one means!

A: they are essentially the same