Myths and Legends of Japan :: essays research papers

Myths and Legends of Japan Japan has many myths believed to be true by the Japanese culture. Such as: "You can tell a person's character from their blood type". The Japanese creation myth starts off with brother and sister gods Izanagi and Izanani. They dipped a spear into the churning sea and when they pulled it out the drops that fell on the water surface became the islands of Japan. Next the sun goddess Amaterasu, was created and was soon sent to heaven to rule over the world. She some time ago left the universe in darkness and chaos. Amaterasu sent her grandson to calm Japan, giving him the sacred mirror, sword, and jewel, which became imperial motifs. In Japanese mythology there are a lot of things that can make up a myth. Japanese myths frequently include serpents in them. There are tales of woman turning into snakes. Not all myths are about snakes. But most of the time when people think about Japanese mythology, they might think of snakes because they are so closely connected with the Japanese myths ordinarily. There are two different types of snake women; ones that are evil are ones that are good. One closely related story to the snake woman is that there is a palace under the sea at the very depth: â€Å" A snake woman lives there who is believed to be the daughter of the sea god. Any man who goes down and meets her there she marries and she takes good care of them. When the man has to return to his world she gives him special powers or wealth. There is a story of a snake woman that every Japanese school child knows. It starts with a young boy fishing one night and catches a multicolored turtle and he brings it home. The next morning he wakes up, not to see the turtle but a beautiful woman in place of it. He is then asked by the snake woman to come down to the sea and live with him. He lives with her for three years and he gets homesick so he asks the snake woman if he can return home. She says yes and gives him a box and she says if you want to come back down and live with me again then you cannot open the box. The turtle then guides him back to his village.

Liberal Humanism:

Theory: The English word ‘theory’ is derived from a technical term of philosophy in ancient Greek. It comes from the word ‘theria’ which means ‘a looking art, viewing or beholding’. In more technical context, it comes to refer to speculative understandings of natural things. Pythagoras for the first time establishes the meaning of ‘theory’. To him the word means a passionate, sympathetic contemplation of mathematical and scientific knowledge. On the other hand Aristotle believes that ‘theory’ is contrasted with praxis or practice. For him both practice and theory involve thinking but the aims are different.Theoretical contemplation considers things which human beings cannot move or change and which has no human aim apart from itself. On the contrary, praxis involves thinking always with an aim to desired actions whereby humans cause change or movement themselves for their own ends. Theory is actually a complex paradigm because it incorporates different areas such as theory of the literature, science, technology, politics and so on. It is usually though that theory is the systematic account of the nature of any field and how this nature can be analyzed. CHRONOLOGICAL DEVLOPMENT OF â€Å"THEORY†:One theory gives birth to another theory. The growth of critical theory in the post-war period seems to comprise a series of ‘waves’ being associated with a specific decade and all aimed against the liberal humanist consensus. In 1960s, two new terms were appeared. â€Å"Marxist Criticism†, which had been pioneered in the 1930s, reborn in the 1960s and â€Å"psychoanalytic Criticism† came in the 1960s. In 1970s news spread in literary critical circles in Britain and U. S. A. about particular â€Å"structuralism† and â€Å"post-structuralism†, both of which originated In France.In the early 1980s two new forms political and historical criticism emerged â€Å"ne w historicism†. Finally, in the 1980s, a grand explanation seemed to be taking place there was a decisive drift towards dispersal, eclecticism and special-interest forms of criticism and theory. Thus, post-colonialism rejects the idea of universally applicable Marxist explanations. Likewise post-modernism stresses the fragmented nature of much contemporary experience. Feminism also shows signs of dissolving gender studies, with gay and lesbian texts emerging as distinct fields of literature, and hence implying and generating ppropriate and distinct critical approaches. LIBERAL HUMANISM: Liberal Humanism refers to the idea that we can understand or explain our world through rational enquiry. It rejects explanations based on the supernatural or divine forces. This idea became the basis for the development of science on the Western world. It’s a form of philosophy concentrated on the perfection of a worldly life, rather than on the preparation for an eternal and spiritual life. In philosophy and social science, humanism refers to a perspective that affirms some notion of a â€Å"human nature†.The word â€Å"humanist† derives from the 15th-century Italian term umanista. The term ‘liberal humanism' denotes the ruling assumptions, values and meanings of the modern epoch. It claims to be both natural and universal. The common feature of liberal humanism is ‘freedom’. It is not associated with supernatural things. Rather it believes that our observation can be explained by human investigation and thought. The doctrines of liberal humanism are: * To know unknown and to create uncreated * Having rational faculty * Being self dependent * Superiority of human beings Absolute freedom of human mind *Having the right and responsibility to give meaning and shape to our lives. EMERGENCE OF LIBERAL HUMANISM: Liberal Humanism inaugurates rational enquiry and rejects the supernatural or the realm of emotions. It was a response to the Dark Ages when people believed in religion blindly. The hold of the Church was so strong that even the king had to bow down to its decisions. At that time, people were told that they must accept their place in the order of religion. Afterwards, humanism came with a belief in the freedom of human beings to control their own destinies.It developed during the fourteenth and the beginning of the fifteenth centuries, and was a response to the challenge of mediaeval scholastic education emphasizing practical, pre-professional and scientific studies. Gradually, people started questioning the teachings of the church. Martin Luther King insisted on reading the Bible rather than following the interpretations of the priest. He argued that we must follow religion rationally. Many people started questioning the rigid ritualistic aspects of religion too. Even scientists like Galileo argue that one must read the book of nature.Such ideas promote the growth of science and reinforce the belief in ob servation and rational analysis. It is in such a context that humanism emerges. With this, we also see a revival in the study of Classical Greek and Roman texts. We see the emergence of faith in human rather than divine. In this way, liberal humanism has made human mind free from the existing bondage of religion in Middle age. PLATO (427-347): Plato is the founder of philosophy in ancient Greece KEY FACTS: *The material we perceive through our body and our senses is not the real world but an imperfect copy of an ideal world. Art works to reproduce or represent the perceivable material world. *Literature is important and needs to be regulated or supervised because it has a powerful effect on its readers. *The content of literature is more important than the form it comes in. According to Plato’s philosophy, reason was the highest form of thought and the preferable means for convincing cultural knowledge. For Plato, reason is a process of logical deduction. Stories, poetry and drama appeal to their audiences’ emotion more than to the rational minds.As art arouses emotions, it can never be true. He said that truth can only be apprehended through rational thought, as exemplified in Mathematics. Plato and his followers ignored the fact that we can perceive with our physical senses. In this realm, things remain in their most perfect form and never change. Their static condition makes them eternal and therefore the essence of all the things that exist in our material world are merely copies of the form that exist in the ideal world. As they are copies, they are necessarily less perfect than the original forms.According to Plato, we can understand the world of forms only through reason and the process of logical argument. Philosophers use logic and reason to discover truth. By contrast, artists evoke emotions by making representations of the world. Plato considered all arts as representational. Art creates picture of the material perceivable world which Plato called â€Å"nature†. But ‘nature’ is itself only a reproduction, a copy of what exist in the perfect form in the realm of the ideal. So, any art that reproduces nature is merely copying from a copy. An artist’s work is always removed from the world of truth and ideal perfection.As their creations are copies of copies and these copies excite feelings rather than reason, Plato worried that art and artist might threaten social order, and the eternal truths. In book X of The republic, Plato points specifically to poets and poetry in warning that all poetic imitations are ruinous to the understanding of the hearers, unless as an antidote they possess the knowledge of the true nature of the knowledge. Plato worried that art, including literary art like poetry and drama tell lies and influence their audience in irrational ways.This didactic criticism argues that literature is a powerful medium for arousing emotions, without necessarily presenting any ratio nal assessment that it can present a constant danger to its audience. Moral criticism focuses on the content of a work of literature, asking whether its effect is good or bad rather than paying emotions to its artistic or formal values. Aristotle (384-322 BCE) Aristotle, one of the ancient Greek philosophers, is the ‘founding father’ of western thought. KEY FACTS: *Aristotle’s main concern was in the form and unity of an artistic work. Art is not binary to the reason and threatening to logic and rationality. *Reality resides in the changeable world of sense perceptions or, the physical, material world. * ‘Form' of Ideal can only exist in tangible examples of that form. Aristotle was less interested in the content of literature than in its forms. According to Aristotle, art is not an imitation or a reproduction of nature of the world we perceive with our senses. So it is not an inferior reproduction or copy of nature rather it is a process of putting the eve nts of nature into words or paint which helps to improve or complete nature.For example, when an artist paints a picture of a cherry tree or writes a poem about it, he or she does not just copy the tree but creates a new version of the tree through the process. With the help of colors or words the artist re-creates it. Artists are important because art imposes order on a disordered and chaotic natural world. Literature particularly imposes a particular kind of narrative order on events. For that reason there is a beginning, middle and an end what is described in words. Aristotle believes that art and literature complete a process which the natural world leaves incomplete.Nature merely exhibits us with events and sensory experiences while art provides us with their meaning. Thus art and literature are a positive social force which is contrasting to Plato’s view. Aristotle’s arts, creating order and system help to find pleasure in the representation of an understandable and meaningful reality. The pleasure people take in representations conveys another type of ‘truth’. For Aristotle, ‘reality’ does not reside in a static eternal world of perfect ideal forms rather reality is the ever-changing world of appearances and perceptions.Plato’s concept was that any particular chair was only an inferior copy of the ideal form of ‘Chair’ that could not be perceived through our senses. By contrast Aristotle puts logic that the only way we can know the essence of ‘Chair’ the true meaning of chair is through individual instances of chairs. Form exists only in the concrete examples of that form Aristotle’s truth resides in discovering the rules and principles that govern how things work and take on meaning in our material world. Aristotle treats poetry and all arts forms, like biology.He is interested in discovering or creating ways to identify characteristics of various forms of poetry and develo ping systematic categories through which to classify these forms. Plato founds the tradition of moral criticism about what a work of poetry does to its audience, on the other hand, Aristotle founds the tradition of genre criticism by investigating what a particular work is, rather than what it does. HORACE (65 BCE- 8BCE): Quintus Horiatius Flaccus was a Roman poet, commonly known as Horace. He is best known for his satires and his lyric odes.KEY FACTS: *Horace focuses on the purpose of poetry, or literature in general. *The benefit of poetry is highlighted. *Two sources of poetry are –nature and other authors. In the traditions of literary theory, Horace has contributed through his articulation of the purpose of poetry. Following Plato, he said that literature serves didactic purpose and it provides pleasure. According to him poetry is a useful teaching tool as it is pleasurable. Its lessons can be learned because the pleasure of poetry makes it popular.Horace also views natu re as the primary source of poetry like Plato, but his concept is that poets should imitate other authors too. In this way, Horace establishes the necessity of a poet to know tradition, and respect inherited forms and conventions as well as creating new works. Sir Phillip Sidney (1554-86): One of the most prominent figures of the Elizabethan age, Sir Philip Sidney is most famous for his â€Å"The Defence of Poetry’. KEY FACTS: *Sidney strongly urges that poetry serves both instruction and pleasure. *Poetry gives a shape to nature so that we can get close to nature. poetry reveals the meaning lying beneath everything in this external world. Sidney directly attacked Plato for his thoughts on poetry. The essence of Sidney’s defence in favour of poetry by combining the liveliness of history with the ethical focus of Philosophy is more effective than either history or philosophy in rousing its readers to virtue. To him, poetry serves the dual purpose of instruction and ple asure. It provides a vehicle for instructing readers in the proper ways to be, think, act, believe and do just as sermon or histories. It provides enjoyment.Following Aristotle, he protected the puritan accusations ‘Poetry is the mother of lies’. He answered that if a mere imitation of nature is in poetry, it is an inferior copy or a form of falsehood but if poetry is an act of creation, it can help us to understand the inner of this external material world. These so-called inferior copy, or mimetic, in fact presents a higher level of reality. Sidney says that poetry is the source of all learning. The final purpose of poetry is to lead us to high perfection as we are capable of. Sidney also quotes that a poem is â€Å"a speaking picture with this end, to teach and delight†.It’s primary aim to give pleasure. Poets ate superior to philosophers. It deals with the experience of many ages. If the philosopher is the guide, the poet will be the light. SIR FRANCIS BACON: Sir Francis Bacon, a contemporary of Sidney and Shakespeare, he not only refers back to Elizabethan tradition, but defends it passionately. KEY FACT: *Poetry does not present an inferior representation of the world we live in. *Imagination can create realities. *poetry does not manipulate and lie to the reader. *poetry is greater than rationalityIn philosophy Bacon followed Aristotle's theory, which thought that poetry or in general, art is not merely a copy of real world, or called inferior. But rather that it presents a better world than the one we live in. In The Advancement of Learning, Bacon argues that history, fact, and reason can only present the world which describes with our sense, our own real experience. He disagrees with Plato on the fact that poetry manipulates and lies to the reader, but instead Sir Francis Bacon says that poetry presents a ‘feigned history’ which speaks directly to the human soul.Bacon wants to present that as human soul is great er than the sworld, so the imagined world is greater than perceptible material world. Even more importantly, poetry is greater than reason because reason can only present pre-existing material world, not alter it, but poetry is able to create a â€Å"new world†, and to rule over it. Joseph Addison 1672-1719): He followed Plato. So, like Plato he was concerned with how literary work affects ifs reader. *Addison explores the question how poetry creates pleasure. * Two kinds of pleasure in imagination- Primary and Secondary pleasure. The power of imagination and power of reason have been distinguished . * Reason investigates the cause of things and imagination experiencing them either directly or through representation. *Art is not just an imitation of nature. Addison was more interested in what a poem delights than in how, or what it instructs. Addison described two kinds of pleasure in imagination. One is primary pleasure and the other is secondary pleasure. Primary pleasure c omes from the immediate experience of objects through sensory perception and secondary pleasure comes from the experience of ideas from the representation of objects.For example we can take The Simpsons and Shakespeare’s classical drama Hamlet. Even though majority thought that The Simpsons can create more pleasure than Hamlet but if they have to choose one of them, most of people would rather choose Hamlet than The Simpsons. They supported that the pleasure of Hamlet come from representation of it. It is much better than The Simpsons because people get pleasure immediately but if they thought about it deeply, they would find that it is actually boring. Addison distinguishes the power of imagination from the power of reason.According to him, reason investigates the cause of things and imagination experiences them, either directly or through representations. The imagination is less refined than the faculty of reason. The pleasure of imagination is thus more easily acquired tha n those of reason and widely available to untrained mind. Addison says that art is not just an imitation of nature, but an improvement or completion of it. He points out that the secondary pleasure of imagination makes it possible for an experience which would be disagreeable in actually to be represented in pleasurable form.SAMUEL JOHNSON (1709-84): One important aspect to keep in mind while examining the thoughts of Samuel Johnson is that of the birth of fiction around the 18th century, following the rise of the novel as an important element of literature. KEY FACTS: *Fiction depends on the idea of mimesis, presenting stories which imitate nature or real life, unlike poetry or drama. *Fiction deals with the stories to readers as though these individuals were real people. *Johnson is concerned with the morality of literature. Like other art works, fiction is also an imitation of nature or real life.Actually, art works are imitations of nature. However, they are not merely copies. I t is a important conception. Unlike drama or poetry, fiction depends on the principle of realism. When readers read fiction, they would consider that these story or history really happened around our life. The realism of fiction blurred the distinction between the imagined world of art and the real world of history and biography. As a result, the language which is used to write fiction is very different from drama or poetry.The language of fiction is usually common language, rather than the language of art, or artifice. Writers use common language to make the work more natural, more real. Johnson agreed with some parts of Plato's thought. He also paid attention to the moral effect of fiction. He insisted that the fiction, such as novel, or fairy tale, is more dangerous than poetry or drama because in contrast of other kinds of art works, fiction is more real. Good art is that art which has a positive moral message and bad art has a bad message that encourages readers to create negat ive or destructive behavior.Thus, people who read these works would believe it more easily because of realism. The realism of fiction, according to Johnson, also ties the genre more closely to the realities of human existence because fiction comes from authors who have the direct knowledge of human nature. Moreover, as the source of fiction is natural and events or characters are easily recognizable and the language of fiction is general, fiction is able to affect people widely. Johnson warns that if writer cannot use it wholly, fiction would bring up so many negative or destructive problems.Johnson suggests to present the proper outcome of fiction where wickedness is punished and virtue rewarded. In Johnson's opinion, ancient Greek and Roman writers presented the best models of literary arts. Those works have withstood test of time, have proved themselves useful. WILLIAM WORDSWORTH: From Sir Philip Sidney to Sir Joshua Reynolds, the theorists and critics broadly represent the think ing of Age of Enlightenment, and its debates about the relative importance of reason and imagination. But William Wordsworth , the first English Romantic poet wholly created a new world of art. KEY FACTS: Wordsworth broadly follows Aristotelian thought and also reflects the ideas of the school of romanticism, stating that anything closer to nature was superior to anything artificial. *Nature is needs importance. *He is very much careful of composing a poem with feelings. The Romantic conception of Wordsworth endangered on the beliefs about the superiority of all things natural over anything artificial. According to Wordsworth poet is a â€Å"man speaking to a man† and that is why poet must use common language, rather than the artificial convention of meter and rhyme which had been a standard since the ancient Greek.Wordsworth set up a system which believes that the rural is better than urban, the nature is better than the culture, the uneducated thoughts are closer to nature, and better than educated and complex. In stating that â€Å"the child is father of the man†, Wordsworth declares that children have the sensibility which adults have lost. Children are close to nature and we go away from nature becoming civilized adults. Wordsworth is more concerned with the relation between the poet and the poem than with the relation between the poem and its reader.His interest is not in the moral effect of poetry. He examined what the poem is, how it is made, and who makes it, rather than what it does. For Wordsworth, poem is not a product of reason, or of art and artifice, but is â€Å"the spontaneous overflow of powerful feelings† which â€Å"takes its origin form emotion recollected in tranquility†. Since then, ‘Feeling’ was established as the central element of a poem and became more important than the action, situation, character, or mimetic accuracy. A good poem must have authentic expression of feelings generated in natur al setting.JOHN KEATS (1795-1821): Keats followed the romantic path established by William Wordsworth and Coleridge. He is a great English poet and played an important role in Romanticism, in 19th century. KEY FACTS: *Rational though breaks the world into two- subject and object. *Keats argued that empathic and reason, poetry and science, are incompatible and oppositional which being combined can break the boundaries between subject and object. *For a good poet, Keats thought that it must possess have â€Å"negative capability†.According to Keats, Rational thoughts break the world into subject and object for the reasons of classification and analysis in the Aristotle’s â€Å"Science† Processes. Keats speaks about on interplay in the sense that sensations and empathetic experiences, including poetry, break down the barriers between subject and object and insist on this interaction between the two entities. However, Keats also feels that poetry and science, empath y and reason are two incompatible elements which are also oppositional.The most important key to understanding Keats in this context is negative capability, which in essence is the ability to stay comfortable with uncertainty and doubt without the need to find certainty. It became the central conflict in literary studies in the twentieth country. Formalist cristism argues that for a poem, they would focus on the resolution or an explanation for the unity of elements, while poststructuralism would recall Keat's â€Å"negative capability† instead of answers.MATHEW ARNOLD (1822-1888): The last one is Matthew Arnold. He is the critic most closely associated with humanist perspective, with the establishment of the humanities, and especially literary. KEY FACTS: *Preference on literary education *result of good poetry on human beings In his main critical work, The Function of Criticism at the Present Time, he argues about the heart of â€Å"New Criticism† and the goal of cri ticism is â€Å"to see the object as in itself it really is†, free of agendas, and preconceptions.According to Arnold, a literary education in â€Å"the best† texts will make us all better human beings, and make our world an easier and more humane place to live. He sought to defend art on the basis of what art can do to society and culture. He was the first cultural critic who claimed that to speak about literature, one has to speak about culture. He proposed that philosophy and religion could be replaced by poetry in modern society. He held that culture representing â€Å"the best that has been thought and said in the world† was available through literature.Mathew saw culture as the moral attributes to literature. To him, poetry has the unique power of making sense of life and culture allows us to be complete human beings. Literature has the power to create what he calls â€Å"sweetness and light†. These art the hallmarks of civilization and the citizens who have been educated to appreciate â€Å"the best† will develop taste, sensibility, a quality which Arnold calls â€Å"high seriousness†, and will be productive and peaceful members of their society.

Monetary And Fiscal Policy Monetary Policy - 1435 Words

Monetary and fiscal policy Introduction Fiscal policy is defined as the power that the federal government poses that enables it to impose taxes and also spend to achieve its goals in the economy. On the other hand, the monetary policy is maintaining the programs that try to increase the nation’s level of business through regulation the supply of money and credit. Currently, one of the most important roles of the federal government is to regulate and also ensure that there is stability in the economy. Through the use of both policies options, there is a goal of increasing and decreasing the level of business activity in the country. Governments in the world prefer to have a productive growing economy, but an economy can also be too productive where the government may enact policies to slow down the economic growth. This paper will discuss how both the monetary and fiscal policies are used in keeping the unemployment and inflation low while ensuring that the GDP is increasing. How fiscal and monetary policy can move the numbers to an acceptable level while keeping inflation the same The government attempts to keep unemployment and inflation to a minimum; at the same time, it attempts to obtain fast financial development with lasting symmetry in the balance of payments. These aims are attracted concentration since they are not likely to be obtained in their totality. Contrasted to an earlier performance, inflation of USA has been low and extraordinarily even since theShow MoreRelatedFiscal Policy and Monetary Policy781 Words   |  3 PagesFiscal policy is the governments spending policies, which influences the conditions economy as a whole. With this policy, regulators can improve unemployment rates; stabilize business cycles, control inflation, and interest rates to control the economy. The government adjusts the spending and tax rates to influence the nation’s economy. The idea is to find the balance between public spending and changing tax rates , by increasing or lowering taxes may cause the risk of causing inflation to rise. IfRead MoreFiscal Policy And Monetary Policy1753 Words   |  8 PagesThe government in times of economic recession has responsibility to take action, engaging in expansionary economic policies is the action my paper will discuss. The types of economic expansion include Fiscal Policy, and Monetary Policy, the expansion of the two policies allows the government to adjust taxes, and government spending. Harry Truman once quoted â€Å"It’s a recession when your neighbor loses his job: it’s a depression when you lose yours.† (The economy perspective, the banker s banker. (1998Read MoreFiscal Policy And Monetary Policy1735 Words   |  7 Pageswhich is fiscal and monetary policy to find out a way to find the economic. It is macroeconomic policy that pursues to enlarge the money supply to boost economic growth or combat inflation. 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This paper will discuss the government s policies adopt toRead MoreMonetary Policy And Fiscal Policy850 Words   |  4 PagesThe Federal Government uses the monetary policy and fiscal policy to establish and determine the bes t way to manage the economy. Monetary policy is used by the Federal Reserve to manage the money supply. This includes credit, cash, check, and money market mutual funds, with loans, bonds, and mortgages being the most important. This policy can be broken into two categories: monetary restraint and monetary expansion. As it states, one is trying to restrain the market while the other expresses expandingRead MoreFiscal Policy And Monetary Policy862 Words   |  4 PagesFiscal Policy vs Monetary Policy Fiscal policy is a way for the government to control the economy financially. The Federal Government sometimes partakes in actions to stimulate the economy. Fiscal Policy focuses on changing government spending, controlling inflation, encouraging economic growth, and to reach full employment. Monetary policy is a policy the Federal Reserve Board enforces which consists of changes in the money supply which influences the interest rates in the economy. This can helpRead MoreFiscal Policy And Monetary Policy2086 Words   |  9 Pages Nowadays, economic growth and stability is the goal that governments aim to achieve. There are two main ways to achieve this purpose: fiscal policy and monetary policy. Monetary policy is a kind of macroeconomic policy lead by the central bank. Expansionary monetary policies can help boost the economy but it will cause inflation. There are two approaches to control money supply; there are price and quantity. Price represents interest rates and quantity means amount of money quantity. After financialRead MoreFiscal and Monetary Policy610 Words   |  3 PagesFiscal and Monetary Policy Governments can use both fiscal and monetary policies to move the economy from a recessionary or expansionary gap. Fiscal policies include increased or decreased government spending, increased or decreased taxation; on the other hand monetary policies include increased or decreased money supply, changes in interest rate, etc. One of the tools of fiscal policy is government spending, the initial equilibrium is represented by the point E. With increased government spendingRead MoreFiscal and Monetary Policies893 Words   |  4 PagesFiscal and Monetary Policies Charles T. Sheridan Student ID: 4290575 ECON 102 American Military University Dr. John Theodore Economies everywhere in the world have fluctuations, there Gross Domestic Product (GDP) is either growing (economic boom) or it is not producing enough and falls into a recession. In a recession, an economy’s GDP suffers two consecutive quarters of negative growth. Personal consumption, government spending and the amount a country imports and exports measure GDPRead MoreFiscal and Monetary Policy 946 Words   |  4 Pagescounter this is by reducing the tax rates and increasing the government expenditure on both services and goods which is an expansionary policy. The reason for this policy is to first raise the budget deficit. For consumption and spending not to drop the fed can choose to increase the money supply to keep it high. The common tools for expansionary monetary policy are the open market purchase of securities and lowering of the FED landing rate. Because of increased availability of money the aggregate