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U.S Monetary Policy In 1995
Beginning of essay
When Alan Greenspan presented the Federal Reserve's semi-annual report
on monetary policy to the Subcommittee on Domestic and International Monetary
Policy, the Committee on Banking and Financial Services, and the U.S. House of
Representatives on February, Dr. Greenspan touted a cautionary yet favo ....
Middle of essay
....sing Altitude Too Fast" from the May 1, 1995
issue of Time magazine written by John Greenwald, he explains that the economy
might not be coming in for a "soft landing" like the fed predicts. Trying to
sustain 2 to 3 percent growth might lead us into a recession. Mr. Greenwald
explains how the Fed's actions in 1994 and early 1995 has hurt individuals and
the economy as a whole. "Corporate layoffs are far from over," says Greenwald,
"they generally accelerate when firms find themselves in an e.... |
| Number of words: 1368 |
Approximate pages: 5 |
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