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While accommodative monetary policy expands economic growth mid-term, there may be negative repercussions in the long-term.
If money supply is loosened for too long, there will be too much money chasing too few goods and services, leading to inflation.
We respect the process and support land use codes that will help us accommodate growth and make this great city even greater.
Global industry leaders continue to establish themselves as economic anchors in the area and it’s up to us to meet the housing challenges they bring.
Ultimately, many land-use decisions are made by the Seattle City Council, where our elected leaders must balance the need for market-rate housing with our desire to make sure Seattle stays Seattle.
Today’s strong job and housing market continues that trend, and although change is sometimes tough, growth is good.
It means we’re a place where people want to live and raise their families, contribute to the economy, and add to our unique culture.
To avoid inflation, most central banks alternate between the accommodative monetary policy and the tight monetary policy in varying degrees to encourage growth while keeping inflation under control.
A tight monetary policy is implemented to contract economic growth.