Monetary Policy

Monetary Policy Options

Goose continues, "Okay, so to finish up the 15 minutes a year economic lecture, these are the things you have to keep in mind." And he keys a powerpoint on his monitor:

To Fight Recession:

• Lower interest rates 
• Lower reserve requirements
• Buy securities

To Fight Inflation:

• Raise interest rates 
• Raise reserve requirements
• Sell securities

"And they are sensitive to a host of data from all over Creation.com.  For The Seven, you will almost certainly have a question or three on...