Euro zone: Three reasons why fiscal policy should be used more and monetary policy should be used less

Since 2010, the euro zone has barely used expansionary fiscal policies, but it has used an expansionary monetary policy intensively. This corresponds to the economic policy philosophy in the euro zone: fiscal deficits and public debt are dangerous, monetary policy can be very expansionary as long as inflation is lower than the inflation target. But in reality, it would be better to use a more expansionary fiscal policy and to use monetary policy less since, in the euro zone: Interest rates are markedly lower than the growth rate; Monetary policy is rather ineffective; Very low interest rates are dangerous: weakening of banks, real estate price bubbles.