Talk:Golden Rule (fiscal policy)

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I have added the other rule.

If the governmen ceded power to set intrest rates to the bank of england then how will government borrowing rase intrest rates? I thought intrest rates delibrately went up to encorage banks to lend.

[edit] Cash accounting vs accrual accounting edit

The entry added for cash vs accrual accounting was not relevant to the topic.

The Golden Rule in fiscal policy terms does not relate in any way to the accounting treatment of expenditure. Rather, it deals with the distinction between consumption and investment expenditure. --DWR 20:40, 29 October 2007 (UTC)