Monetary Policy and the Management of the Public Debt: Hearings Before the Subcommittee on General Credit Control and Debt Management of the Joint Committee on the Economic Report, Congress of the United States, Eighty-second Congress, Second Session, Pursuant to Section 5 (A) of Public Law 304, 79th Congress ...U.S. Government Printing Office, 1952 - 993페이지 |
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23 페이지
... inflation . Is that not a rather poor policy ? Secretary SNYDER . Well , let us take a look at the whole picture . Since the end of World War II financing , actually the bank - owned public debt has declined by over thirty billions of ...
... inflation . Is that not a rather poor policy ? Secretary SNYDER . Well , let us take a look at the whole picture . Since the end of World War II financing , actually the bank - owned public debt has declined by over thirty billions of ...
29 페이지
... inflation , is not the ratio between the total quantity between money and credit on the one hand , and total quantity of goods on the other , but some other element or elements ? Secretary SNYDER . I said I doubted that the Federal ...
... inflation , is not the ratio between the total quantity between money and credit on the one hand , and total quantity of goods on the other , but some other element or elements ? Secretary SNYDER . I said I doubted that the Federal ...
31 페이지
... inflation ? Secretary SNYDER . I did not say it occasioned the inflation . I again want to be sure that I did not admit that , sir . It may have had a partial effect on it , yes , sir , but then we had to measure the partial effect on ...
... inflation ? Secretary SNYDER . I did not say it occasioned the inflation . I again want to be sure that I did not admit that , sir . It may have had a partial effect on it , yes , sir , but then we had to measure the partial effect on ...
46 페이지
... inflation , and I think we were reasonably successful in creating inflation . We found it advisable to continue inflation throughout the war as an easy means of financing the war . Now , you will recall that in the thirties , somewhere ...
... inflation , and I think we were reasonably successful in creating inflation . We found it advisable to continue inflation throughout the war as an easy means of financing the war . Now , you will recall that in the thirties , somewhere ...
47 페이지
... inflation , and that it is now the studied policy of the admin- istration to maintain inflation . Otherwise it would recommend an about - face in the things which we once did to create inflation , among which are the two that I have ...
... inflation , and that it is now the studied policy of the admin- istration to maintain inflation . Otherwise it would recommend an about - face in the things which we once did to create inflation , among which are the two that I have ...
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agencies amount answer bank credit bank loans bank reserves bankers believe billion Board of Governors borrowing budget central bank Chairman changes commercial banks Congress Council of Economic credit control credit policy debt management defense deficit demand deposits discussion dollar Economic Advisers effect employment executive expansion factor Federal Reserve banks Federal Reserve Board Federal Reserve System financing fiscal funds going gold Government bonds Government securities HEMINGWAY important income increase inflation inflationary pressures interest rates investment issue KEYSERLING Korea lenders lending MARTIN member banks ment monetary policy money supply MURPHY Open Market Committee operations percent period President price level problem production public debt purchase question Representative BOLLING Representative PATMAN Representative WOLCOTT reserve requirements responsibility rise savings Secretary SNYDER Senator DOUGLAS Senator FLANDERS situation spending SPROUL stability statement subcommittee taxes things tion Treasury Treasury securities voluntary credit restraint
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449 페이지 - ... conditions under which there will be afforded useful employment opportunities, including self-employment, for those able, willing, and seeking to work, and to promote maximum employment, production, and purchasing power.
449 페이지 - Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose of creating and maintaining, in a manner calculated to foster and promote free competitive...
482 페이지 - Section, Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551. «9 1990 1 Total funds advanced in credit markets to domestic OJ Q2' Q3' Q4
545 페이지 - One aspect of this movement was a growing dissatisfaction with the empty formalism of much educational content in the latter part of the nineteenth century and the early part of the twentieth century; with stultifying drill and catechism-like methods of teaching; with the curriculum's lack of relatedness to the everyday experience of the child, his physical world, and social environment; and with pupils' rote verbalization and memorization of ideas for which they had no adequate referents in experience.
477 페이지 - Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate.
76 페이지 - The doctrine of the separation of powers was adopted by the Convention of 1787, not to promote efficiency but to preclude the exercise of arbitrary power. The purpose was, not to avoid friction, but, by means of the inevitable friction incident to the distribution of the governmental powers among three departments, to save the people from autocracy.
125 페이지 - DIDC consists of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Board of...
128 페이지 - I am requesting the Secretary of the Treasury, the Chairman of the Federal Reserve Board, the...
74 페이지 - We shall deal with our economic system as it is and as it may be modified, not as it might be if we had a clean sheet of paper to write upon ; and step by step we shall make it what it should be...
86 페이지 - Act of 1946; and (2) it is the will of Congress that the primary power and responsibility for regulating the supply, availability and cost of credit in general shall be vested in the duly constituted authorities of the Federal Reserve...