The Impact of High interest Rates on The Economy: A Call for Congressional Action
Digital item
Identifier: CAC_CC_109_4_51_13_0035
Dates
- 20-Apr-81
- 97th (1981-1983)
Scope and Contents
Correspondence to James R. Jones expressing concerns about high interest rates and the control of currency by the private banking sector. The author argues that the Federal Reserves actions in raising interest rates are inflationary and negatively impact the cost of living and employment. They believe that returning control of currency to Congress would be more responsive to the will of the people and that ample funds at reasonable rates would solve many economic problems.
Extent
1 pages
Policy Area
Economics and Public Finance; Finance and Financial Sector
Creator Jones, James Robert, 1939-
Congress 97th (1981-1983)
Tribal Affiliation Non-Specified
Creator Jones, James Robert, 1939-
Congress 97th (1981-1983)
Tribal Affiliation Non-Specified
- TypeDeliverableUnit
Repository Details
Part of the Carl Albert Center Congressional and Political Collections Repository