Earthbag homes are exactly what they sound like -- bags filled with earthen materials stacked to make a house. They often look like big beehives when they're completed, but it's possible for them to take other forms as well.
The new name for this is âquantitative tightening,â or QT.â Rickardsâ, a long standing expert in central bank policy, believes that quantitative tightening will be a major factor in monetary policy over the weeks and months going forward.
In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. The theory was challenged by Keynesian economics, but updated and reinvigorated by the monetarist school of economics.