DQ 1
FIN 100
"Economic Policy" Please respond to the following:
From your knowledge of current events, discuss what you view as the most important economic policy of today. State your rationale for choosing this economic policy.
From recent events, I feel as the most important economic policy is the new ObamaCare. Now, I am not going political with this at all but just stating that the government shutdown was all because they could not agree on a budget due to the Obama Care. I feel as this new healthcare has created nothing but turmoil since the initial hearsay of it. We have come together so much as Americans but since Obama has come in office, I feel as Amercians have once again segregated and turned on each other. I am not saying black and white, but in almost every aspect of each other: race, religion, ethinicity, gender, and polictical status. Even our economy has now been greatly hreathened by this turmoil which well all so first hand as the government shutdown for 2 weeks this month.
Based on the information presented in the first e-Activity, articulate whether it is U.S. consumers or policy makers who affect the money supply the most. Provide a rationale with your answer.
I feel as policy makers affect the money supply the most. The banks and Federal Reserve are the ones who can make the econmy grow or contract. With OMOs, required reserve ratios, and discount rates, the policy makers have the ability to make the economy what it is. I feel as ultimately, we are a controlled by what decisions the banks and Federal Resever