During the great depression the prices of goods went DOWN, and that made consumers hoard hard cash because they felt the longer they waited the more prices would FALL and this restriction of supply was paradoxically making it more attractive to hoard cash, king of like a monopoly on the supply of money.
On the other hand speculators went bankrupt as deflation made the price of the lender's assets LESS than the value of their loan, which decreased their equity, which meant even if they sold all of their assets they could not pay off their loan, which made the BANKS lose a part of their money, and as the demand for hard cash rose that led more banks to go bankrupt, which in turn led more savers to get their assets in hard cash, paradoxically increasing the rate of bank failure.
My theory is that to stop this paradox from continuing is to cause inflation by literally "making" money, adding it to the Government balance, and that this should have been done immediately. Normal Governments do this all the time during recession, usually in the form of monetary policy by lowering rates and taxes to increase the supply of money in the economy (during boom years they increase taxes and interest rates to restrict the supply of cash and limit inflation). But during the great depression doing this was not enough, lowering rates and taxes was not enough, so in my opinion they should have literally printed off more money, which could then be used for infrastructure programs, which increases supply of money so it was not attractive to hoard money and thus increase supply more, while also increasing the value of properties and so increasing equity and stopping bankruptcies, and in the end this might lead to short term inflation, this could be stopped by higher taxes and rates, and then the Government can permanently remove the money from circulation. The only downside of this system is that it won’t punish the financially “special” people as to dissuade them from being so irresponsible, so the Government may have to adopt an asset tax(?) or something like that so the Government can reimburse, if only a little, the sensible people, as well as implement policy to stop banks from funding such speculation And Please don't be childish and report me I hope this helps
A government that was based on representation not a ruler refers to democracy and not monarchy. Democracy refers to type of government that is made up of nation's people that is elected by the population of nation either directly or indirectly while a monarchy refers to a type of government in which supreme power is in the hand of one single person who is the independent ruler. Because the government is elected via election in monarchy an election commission is the most important governing group for establishment of a type pf government that is based on representation and not a ruler.
Answer:
<u>encourage; monitor</u>
Explanation:
<u>Voluntary compliance program</u> tend to provide a specific opportunity to the eligible holders for the unclaimed funds that ought to voluntarily report their past due items.
<u> Benefits: </u>
1. To be "compliant: with specific state laws.
2. To reunite other people with their "lost funds".
3. It provides a six months "amnesty period" associated with the assessment related to interest and penalties.
The answer is false. The physical properties of a substance can be observed at any time.
