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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (76922)3/3/2000 10:08:00 AM
From: Tommaso  Respond to of 132070
 
Yes, Congress at some point should simply mandate, say a monetary growth rate as measured by MZM of 4% and take the discretion away from the Fed on that matter.

My state government's constitution forbids deficit spending, and though that makes things hard at times, and leads to quasi-legal evasions, it does keep things more or less honest and sound.