Warren Bailey
Warren Bailey
Warren Worth Baileywas a Democratic member of the U.S. House of Representatives from Pennsylvania and a Georgist publisher...
base countries dollar further good looking reasons task time
There are a lot of reasons why, looking further out, a broadened base for the U.S. dollar would be positive. It would be good for the U.S. because it will make those countries more prosperous, more responsible, more stable. At the same time it does make us more responsible for them, which is a pretty big task to take on.
depressed limits monetary people personal
If people are depressed and scared, as they have been in Japan, there are limits to monetary policy. It comes down to people making personal decisions.