Money targeting and interest-rate targeting in an uncertain world

Article Abstract:

Monetary targeting, interest-rate targeting and exchange-rate targeting are strategies employed by central banks aim to provide stability. The exchange-rate targeting involves the anchoring of currency in foreign currencies. In the US, the dollar is more powerful than the Canadian or the Mexican currencies, and the Federal Reserve must employ the techniques of monetary targeting or interest-rate targeting to anchor the dollar. Models of money demand and money supply are employed to highlight the differences between monetary targeting and interest-rate targeting.

Central banks

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The fiscal-monetary policy mix

Article Abstract:

Issues concerning the relationship between fiscal and monetary policy are examined, focusing on the false predictions regarding fiscal policy during the 1990s, the proven power of monetary policy and the need to stabilize the value of Federal Reserve notes. Topics include the budget deficit and surplus from 1983 to 1999, comparison between federal funds rate and GDP growth rate between 1983 and 2001, a comparison between federal funds rate and core inflation between 1992 and 2001, and relationship between inflation and GDP growth between 1965 and 1999.

United States, Statistical Data Included, Fiscal policy

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Job creation and government policy

Article Abstract:

Fostering an environment for wealth creation is seen as a major goal of government policy. By offering incentives for wealth creation and accumulation, government focus on promoting a monetary policy wherein price stability and employment growth are integrated would be established. Moreover, a stable monetary service serves an incentive for such creation and accumulation of wealth.

Manpower policy

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