A Sustainable National Monetary Policy – I Want to Invest in America

Faced with the dilemma of financing WWII President Franklin D. Roosevelt received adamant advice to raise taxes and introduce a forced savings program.  Instead, FDR wisely followed the advice of Secretary of the Treasury Henry Morgentthau, JR., who working with Peter Odegard, a political scientist specialized in motivating masses (read propaganda) created the War Advertising Council.

The result was a whopping $187.5 Billion ($2.5%2B Trillion dollars adjusted for inflation into 2009 dollars) to fund the war effort.  Just as important as the money, the War Bonds became a rallying cry for the public to express its patriotism, follow its iconic leaders’ calls for action, and allowed for 85 million Americans to actively participate in the War effort.

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Thinking Positively About Monetary Policy – How “Quantitative Easing” Can Serve The Public Good

Nervous pundits are predicting the end of American life as we know it, after Fed Chairman Ben Bernanke announced on March 18 that he would be dropping yet another trillion dollars in helicopter money – up to $300 billion to buy long-term government bonds and an additional $750 billion to buy private debt, with the Term Asset-backed Securities Loan Facility (TALF) to be opened up for the sake of consumers and small businesses. The dollar immediately experienced its worst drop in 25 years, amid worries that the Fed’s intervention would spur hyperinflation. Typical of the concerned commentators expressing these sentiments was Mark Larson, who wrote in “Money and Markets” on March 20:

“This is Banana Republic-type stuff! And I’m not talking about the clothing store. Printing money out of thin air at the central bank, only to turn around and buy debt securities issued by your Treasury, is the kind of practice you typically see in emerging market regimes. We’re essentially monetizing our country’s debt and deliberately devaluing our country’s currency.”

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Online Education Degrees – Solution To A Busy Life?

Is life too hectic to go to university? There are options to beginning a fantastic career by choosing from many online education degrees. As the world wide web opens up wider the education factor is growing intensely. Each year more and more universities and colleges develop online programs as they join the in the internet education craze. No longer must one uproot to enjoy a solid education among any type of online education degrees. It can be easily attained through a number of internet education sources.

The variety of online education degrees is nearly as vast as the physical schools. In fact, some students who are enrolled in a traditional type school often take advantage of internet education. A class that is difficult to enroll in suddenly becomes achievable when the internet option is utilized. Online education degrees can be an excellent option to the physical universities that are hard to get accepted to. Consider enrolling in any internet education degrees in order to follow dreams without obstacles such as acceptance. Most online educators have an unlimited amount of students so being turned away rarely occurs.

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