Conduct of Monetary Policy: Hearings Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-fifth Congress, First Session, July 28 and 29, 1977U.S. Government Printing Office, 1977 - 324 lappuses |
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1.–5. rezultāts no 47.
32. lappuse
... mirage . It is an optical illusion which science can explain . I maintain that we are bringing on a recession right now , through faulty monetary policy . And the reason that I contend this is that the distorted quality of information ...
... mirage . It is an optical illusion which science can explain . I maintain that we are bringing on a recession right now , through faulty monetary policy . And the reason that I contend this is that the distorted quality of information ...
33. lappuse
... mirage from the seasonal adjustment was the Fed's misguided monetary policy decisions of tight money in 1975 , 1976 , and 1977 , which erroneously forced up interest rates to abort our recoveries that were taking place at that time ...
... mirage from the seasonal adjustment was the Fed's misguided monetary policy decisions of tight money in 1975 , 1976 , and 1977 , which erroneously forced up interest rates to abort our recoveries that were taking place at that time ...
39. lappuse
... mirage -- an optical illusion . ... it looks The scientific explanation of a mirage , which makes one see things that are not there , is very simple . NOT TO BE READ SEEING THINGS THAT ARE NOT THERE ... LIGHT FROM SKY COOL AIR WARN AIR ...
... mirage -- an optical illusion . ... it looks The scientific explanation of a mirage , which makes one see things that are not there , is very simple . NOT TO BE READ SEEING THINGS THAT ARE NOT THERE ... LIGHT FROM SKY COOL AIR WARN AIR ...
40. lappuse
... mirage in the M1 money supply which prompted the Federal Reserve Board , for three successive years to see something which was not there and to falsely raise interest rates over this statistical mirage . The already damage done by this ...
... mirage in the M1 money supply which prompted the Federal Reserve Board , for three successive years to see something which was not there and to falsely raise interest rates over this statistical mirage . The already damage done by this ...
41. lappuse
... mirage . The records of the April '77 FOMC meeting --- amended on May 6th show that the Fed panicked over the then rising M1 growth of over 20 percent , and took the May action of making interest rates rise to tighten up monetary policy ...
... mirage . The records of the April '77 FOMC meeting --- amended on May 6th show that the Fed panicked over the then rising M1 growth of over 20 percent , and took the May action of making interest rates rise to tighten up monetary policy ...
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1976 revisions aborted annual rate April Arthur Burns audit average benchmarking booklet budget capital spending cent central bank Chairman Burns changes Committee confidence CONGRESS THE LIBRARY consumer price index cost decisions decline deficit demand economist error factors Fed Watchers Fed's M1 Federal funds rate Federal Reserve Bank Federal Reserve Board Federal Reserve System FELLNER fiscal forecast going growth rate increase inflation rate inflationary interest rates January July June labor force LIBRARY OF CONGRESS loans M₁ M1 figures M1 seasonally adjusted ment mirage monetary policy money supply monk months nation nomic originally reported past peak percent period Pleasure Of Statistical President prime rate quarter question range rebate recession recovery rise seasonal adjustment procedure seasonal adjustment snake Sindlinger's Statistical Narcissism sumer target tion trends week ended weekly wrong
Populāri fragmenti
202. lappuse - We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists...
151. lappuse - The board of directors of the Corporation shall determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid.
114. lappuse - For a description of the method used to compute these factors, see Bureau of the Census Technical Paper No. 15, The X-ll Variant of the Census Method II Seasonal Adjustment Program.
70. lappuse - Statement by Arthur F. Burns Chairman, Board of Governors of the Federal Reserve System before the Committee on Banking, Finance, and Urban Affairs...
149. lappuse - Federal Reserve as a means of bringing outside influence to bear upon the System's monetary policy judgments. Congress has carefully constructed the Federal Reserve System in such a way as to be free from day.to.day political pressures. As the House Banking Committee stated emphatically in its 1913 report on the original Federal Reserve Act. the Board was created "as a distinctly nonpartisan organization whose functions are to be wholly divorced from politics.
124. lappuse - DC *The views and opinions expressed herein are solely those of the author and do not necessarily represent those of the Federal Reserve Bank of Kansas City or of the Federal Reserve System. I appreciate the opportunity to appear before the Subcommittee on Economic Stabilization of the House (^'Representatives' Committee on Banking, Finance, and Urban Affairs.
202. lappuse - We used to think you could just spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you, in all candour, that that option no longer exists, and insofar as it ever did exist it only worked by injecting a bigger dose of inflation followed by a higher level of unemployment.
13. lappuse - M2 growth-target range had been set at 10 percent; for the 12-month period extending from the first quarter of 1977 to the first quarter of 1978...
235. lappuse - Concluding Observations The present inflation is the most serious economic problem facing our country, and it poses great difficulties for economic stabilization policies. We must recognize, I believe, that it will take some time for the forces of inflation, which now engulf our economy and others around the world, to burn themselves out.
255. lappuse - for the first time since the Great Depression, the availability of liquidity from the central bank has become ... an essential ingredient in maintaining confidence in the commercial banking system. . . . Faith in our banks . . . now rests unduly on the fact that troubled banks can turn to a governmental lender of last resort.