In your opinion, is the Federal Reserve implementing a tight money policy, or an easy money policy right now?
Why?
Im having trouble with some homework. Thanks in advance!
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My question is, Why is the US government trust its money with a privately owned company?
EDIT: oh and whatever happend to the gold standard?
In your opinion, is the Federal Reserve implementing a tight money policy, or an easy money policy right now?
Why?
Im having trouble with some homework. Thanks in advance!
Steve3950
Relatively tight at the moment (especially within recent historical context). I suspect that the President and Republican party will exert pressure on the Fed, which now has over four Republican-appointed governers on the board of governers, to increase the money supply over the next few months in light of the '08 elections. With all the problems occuring in Iraq, and all the other forms of bad press the Republican party is getting, improving the economy in the short-term represents only one of the plausible alternatives left to secure votes.
[QUOTE="Steve3950"]In your opinion, is the Federal Reserve implementing a tight money policy, or an easy money policy right now?
Why?
Im having trouble with some homework. Thanks in advance!
FoamingPanda
Relatively tight at the moment (especially within recent historical context). I suspect that the President and Republican party will exert pressure on the Fed, which now has over four Republican-appointed governers on the board of governers, to increase the money supply over the next few months in light of the '08 elections. With all the problems occuring in Iraq, and all the other forms of bad press the Republican party is getting, improving the economy in the short-term represents only one of the plausible alternatives left.
hehe really "tight" with some how losing 9 billion in liquid cash at Iraq, with no idea where it went.
[QUOTE="FoamingPanda"][QUOTE="Steve3950"]In your opinion, is the Federal Reserve implementing a tight money policy, or an easy money policy right now?
Why?
Im having trouble with some homework. Thanks in advance!
sSubZerOo
Relatively tight at the moment (especially within recent historical context). I suspect that the President and Republican party will exert pressure on the Fed, which now has over four Republican-appointed governers on the board of governers, to increase the money supply over the next few months in light of the '08 elections. With all the problems occuring in Iraq, and all the other forms of bad press the Republican party is getting, improving the economy in the short-term represents only one of the plausible alternatives left.
hehe really "tight" with some how losing 9 billion in liquid cash at Iraq, with no idea where it went.
I think he's talking abou Fed monetary policy, not fiscal policy. Was the fed itself responsible for the 9b liquifaction?
hehe really "tight" with some how losing 9 billion in liquid cash at Iraq, with no idea where it went.Steve3950
Haven't you ever gone on vacation and accidentally lost a couple billion dollars? I know I have.
[QUOTE="sSubZerOo"][QUOTE="FoamingPanda"][QUOTE="Steve3950"]In your opinion, is the Federal Reserve implementing a tight money policy, or an easy money policy right now?
Why?
Im having trouble with some homework. Thanks in advance!
FoamingPanda
Relatively tight at the moment (especially within recent historical context). I suspect that the President and Republican party will exert pressure on the Fed, which now has over four Republican-appointed governers on the board of governers, to increase the money supply over the next few months in light of the '08 elections. With all the problems occuring in Iraq, and all the other forms of bad press the Republican party is getting, improving the economy in the short-term represents only one of the plausible alternatives left.
hehe really "tight" with some how losing 9 billion in liquid cash at Iraq, with no idea where it went.
I think he's talking abou Fed monetary policy, not fiscal policy. Was the fed itself responsible for the 9b liquifaction?
Yeah I know I was just being cynical.
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