Speech

The major elements of economic stabilization. Fiscal policy. Monetary policy. Influence of the Federal Budget. High employment budget. The Role of Monetary Policy. Money Supply The Policy Mix. Results of what we've had - G.N. P. performance Current $'s Real $'s ^Interest rates. Prices - Inflation. The Pound Devaluation - Psychological reaction. The Gold Rush. The real position of the $ Domestic vs. International Influence Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis -2- I nflation and the Farmer Pluses: Farm Real Estate Value Minuses: Pressure on current net income Prices received - stability Prices paid - upward General Price stability critical to long-run welfare. J. n 4 fruit, /lure.] SJy-thfl /hi Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Darryl R. Francis (1967, December 14). Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/speech_19671215_francis

@misc{wtfs_speech_19671215_francis,
  author = {Darryl R. Francis},
  title = {Speech},
  year = {1967},
  month = {Dec},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/speech_19671215_francis},
  note = {Retrieved via When the Fed Speaks corpus}
}