Department of the Treasury (user search)
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Author Topic: Department of the Treasury  (Read 2670 times)
TeePee4Prez
Flyers2004
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« on: March 17, 2006, 05:37:38 PM »

I have issues with #3.  I don't like increases in the federal deficit.  It seems most of those securities will be held in foreign hands.  What do you propose we do to stem this rising tide?
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TeePee4Prez
Flyers2004
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Posts: 10,479


« Reply #1 on: April 01, 2006, 10:10:49 PM »

So new order of business:

1) Increase the interest rate by 0.75% to 5%

2) Raise the required reserve rate by 1%.

3) HAve the Reserve sell $400 Million in bonds and securities.

4) Purchase one more ton of gold.


I understand that these may be considered harsh measures, but I must protect the economy against the inflationary pressure that will come when the senate passes the new minimum wage.

I don't think the minimum wage will increase inflationary pressures, but I agree with you on raising the interest rate to cool off the housing market.
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