Political is because In political science, a political system defines the process for making official government decisions. It is usually compared to the legal system, economic system, cultural system, and other social systems.
The protestant revolt did not affect the authority of the Catholic Church.
It has the same authority that it has always had since it was founded by Jesus Christ in 33 AD.
The Catholic Church's authority is from God alone so the actions of individual heretics cannot affect it except in a superficial manner.
The concept of a good argument is of course quite vague, if
an argument has only one or more false premises, then it is not a good
argument. Unless the premises of an argument are all true, then it would have
no reason to accept to accept its conclusion. In my line of my work In Home Health
Care there is always a good argument to go on.
The loose monetary policy is the policy that the federal reserve use if the economy were entering into recession. In order for the federal reserve to fight the recession, they should support legislation which has higher taxes for wealth. They should also put into place very strong regulatory rules that banks and cooperation can't get across.
The three federal reserve tools which are used to undertake an easy monetary policy includes reserve requirement, discount rate, and open market operations. Federal reserve altered monetary policy in order to influence the amount of credit and money in U.S economy and the interest rates.