Tag Archives: Monetary Policy

How The U.S. Government Formulates Monetary Policy

By Reem Heakal on December 31, 2011 A monetary policy is the means by which a central bank (also known as the “bank’s bank” or the “bank of last resort”) influences the demand, supply and, hence, price of money and credit, in order to direct a nation’s economic objectives. Following the Federal Reserve Act of 1913, the Federal Reserve […]

Revive Lincoln’s Monetary Policy: an Open Letter to President Obama

Revive Lincoln’s Monetary Policy: an Open Letter to President Obama by Ellen Brown posted Apr 07, 2009 President Obama at the We Are One Inaugural Celebration at Lincoln Memorial Dear President Obama: The world was transfixed on that remarkable day in January when, to poetry, song, and dance, you gazed upon Abraham Lincoln’s likeness at the […]