Monetary policy is a set of tools that a nation's central bank has available to promote sustainable economic growth by controlling the overall supply of money that is available to the nation's banks, its consumers, and its businesses.
The U.S. Treasury Department has the ability to create money, but the Federal Reserve influences the supply of money in the economy, largely through open market operations (OMO). Essentially, this means buying financial securities when easing monetary policy and selling financial securities when tightening monetary policy. The Fed's preferred securities for OMO are U.S. Treasuries and agency mortgage-backed securities.
The goal is to keep the economy humming along at a rate that is neither too hot nor too cold. The central bank may force up interest rates on borrowing in order to discourage spending or force down interest rates to inspiremore borrowing and spending.
The main weapon at its disposal is the nation's money. The central bank sets the rates it charges to loan money to the nation's banks. When it raises or lowers its rates, all financial institutions tweak the rates they charge all of their customers, from big businesses borrowing for major projects to home buyers applying for mortgages.
All of those customers are rate-sensitive. They're more likely to borrow when rates are low and put off borrowing when rates are high
KEY TAKEAWAYS
Monetary policy is a set of actions that can be undertaken by a nation's central bank to control the overall money supply and achieve sustainable economic growth.
Monetary policy can be broadly classified as either expansionary or contractionary.
Some of the available tools include revising interest rates up or down, directly lending cash to banks, and changing bank reserve requirements
The naval attache describes the British troops in the pacific as useless in the acquisition of Singapore because they do not count on the gaining of the said country.
In addition, the British troops did not have the initiative to act promptly in acquiring Singapore, their knowledge and ability was not enacted and their facilities is not reliable or dependable.
Buddhists believe that material wealth blocks spiritual enlightenment and Hindus believe that it a positive.
Superfluous causes under Newton's philosophy are originated when trying to explain more than there is to be explained.
Under<em> Newton's Rules of Reasoning on Philosophy</em>, his first rule states that:
- <u>"We are to admit </u><u>no more causes of natural things</u><u> than such as are both true and sufficient to explain their appearances."</u>
This rule eliminates unnecessary information about a theory, <em>(unnecessary aspects are the same as superfluous causes), </em>there is no need to make something more complicated than it is, the simpler the better, and when more information is added more information will be in vain, since "nature is pleased with simplicity".
<span>the capture of several British soldiers </span>action by the colonists preceded the intolerable acts.
