Management of the Federal Debt |
Contents
CHAPTER | 1 |
Wartime Policies and Postwar Problems | 14 |
Debt Policy and the Loss of Fiscal Controls | 39 |
Copyright | |
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administrative agencies amount annual banking system billion budget business activity business cycle cash cent changes cheap money commercial banks considerable Corporation currency in circulation debt management debt policy decade decline demand deposits dollar earnings economy effects eral ernment existing expenditure federal debt federal deficits federal government federal obligations Federal Reserve System fiscal authority fiscal policy flexible floating debt fluctuations funds government bonds government debt government obligations governmental growth hand holders holdings of government increase insurance companies interest burden interest cost interest rates investment issues June liquid assets loans long-term maturity member banks ment monetary near-money debt needs portfolio portion position possible problems Public Debt purchasing power quantity Reconstruction Finance Corporation redeemable reduce refunding regulation reserve requirements revenue savings banks short-term Simeon E situation spending substantial tax-exempt tion total assets Treasury obligations Treasury securities Treasury's types volume of deposits wartime yield curve