Place a checkmark next to each argument that supports abolishing the Federal Reserve Bank.

1. The Fed increases inflation.
2. Changing the U.S. currency system could destabilize the
economy.
3. The Federal Reserve helps stimulate economic growth during
depressions and recessions.
4. The Fed worsens economic depressions.
5. Poor management by the Fed has led to two major financial
crises in the U.S. in the last 100 years.
6. The Federal Reserve is best equipped to supervise large firms
and banks.
7. A more independent financial market is generally healthier and
more stable.
8. The Fed does not have the knowledge necessary to make good
decisions about interest rates.

Answers

Answer 1

The argument that supports abolishing the Federal Reserve Bank is,

1. The Fed increases inflation

2. Changing the U.S. currency system could destabilize the economy

4. The Fed worsens economic depressions

5. Poor management by the Fed has led to two major financial crises in the U.S. in the last 100 years

7. A more independent financial market is generally healthier and more stable

1. The Fed increases inflation: Some argue that the actions taken by the Federal Reserve, such as increasing the money supply, can lead to inflationary pressures in the economy. They believe that a central bank with less power or control over monetary policy could potentially reduce the risk of inflation.

2. Changing the U.S. currency system could destabilize the economy: Critics argue that abolishing the Federal Reserve and changing the current system could cause uncertainty and disrupt the stability of the economy. They believe that the existing system provides a foundation for economic stability and removing it could have negative consequences.

4. The Fed worsens economic depressions: Some critics argue that the Federal Reserve's policies and actions during economic downturns can exacerbate the severity of depressions. They believe that without the central bank's intervention, the market could naturally correct itself more efficiently.

5. Poor management by the Fed has led to two major financial crises in the U.S. in the last 100 years: Critics point to historical instances, such as the Great Depression and the 2008 financial crisis, as evidence of the Federal Reserve's mismanagement. They argue that such crises could have been avoided if not for the Fed's actions or lack thereof.

7. A more independent financial market is generally healthier and more stable: Advocates for abolishing the Federal Reserve argue that a more independent financial market, without a central bank's influence, could lead to a healthier and more stable economy. They believe that market forces should determine interest rates and financial regulations, rather than a central authority.

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Related Questions

Select ALL the correct answers.
Which three statements are correct about the Pendleton Act?
00
It covered 15 percent of civil service appointments.
There was strong support for it in Congress.
It required people to pass a test proving their competence.
It is an early example of government reform.
Most Gilded Age presidents supported its goals.
Reset
Next

Answers

The three statements are correct about the Pendleton Act are:

“It required people to pass a test proving their competence” “it is an early example of government reform.” “It covered 15 percent of civil service appointments”

What is the Pendleton Act?

The Pendleton Act was passed in January 1883 when a young job seeker killed President James A. Garfield.

This Act ensured that candidates were given jobs based on merit. They were to take competitive exams from which the best candidates were chosen and employed.

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Professor Medford explains the importance of this survey. What does she say and do you agree or disagree with her explanation (100-150 words, Due Thursday)?

Answers

Answer:

Professor Barbara A. Medford is a historian who specializes in African American history and she has highlighted the importance of studying history in general and specifically, the history of African Americans. In her view, the study of history, in general, is essential to our understanding of the present and the shaping of the future. Understanding the past helps us to contextualize the present and make informed decisions about the future.

Regarding the history of African Americans, Professor Medford stresses that it is essential to recognize the contributions of African Americans to American history and society. She argues that their contributions have often been overlooked or marginalized, and that this has resulted in a distorted view of American history. She also emphasizes that the study of African American history helps to challenge and dismantle the myths and stereotypes that have been used to justify racism and discrimination.

I agree with Professor Medford's explanation of the importance of studying history, and particularly the history of African Americans. History provides us with a context for understanding the present, and helps us to make informed decisions about the future. Understanding the contributions of African Americans to American history and society is essential to creating a more just and equitable society, and challenging the myths and stereotypes that have been used to justify discrimination and injustice. By studying the history of African Americans, we can gain a deeper understanding of the complexities of American history and the ongoing struggle for civil rights and social justice.

Which statement best explains how the Constitution addressed a weakness in the Articles of Confederation?​

Answers

The statement that best explains how the Constitution addressed a weakness in the Articles of Confederation is Option A, The federal government did not have enough power to enforce its laws, so the Constitution gave the federal government more power than the states.

Under the Articles of Confederation, the federal government had limited powers, making it weak and ineffective. It lacked the authority to enforce its laws and policies effectively, leading to challenges in governance and maintaining order. The Constitution aimed to address this weakness by granting more power to the federal government.

The Constitution established a stronger central government with increased authority and the ability to enforce its laws. It created a system of checks and balances, separating powers among the three branches of government—legislative, executive, and judicial—to prevent any single branch from becoming too powerful. This framework allowed for a more efficient and effective federal government.

Additionally, the Constitution granted the federal government specific powers, such as the power to levy taxes, regulate interstate commerce, and maintain a standing army. These powers strengthened the federal government's ability to govern and enforce laws uniformly throughout the country.

By granting more power to the federal government, the Constitution aimed to overcome the weaknesses of the Articles of Confederation, providing a stronger foundation for governance and ensuring a more stable and functional system of government in the United States.

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The question is incomplete. Find the full content below:

Which statement best explains how the Constitution addressed a weakness in the Articles of Confederation?

A. The federal government did not have enough power to enforce its laws, so the Constitution gave the federal government more power than the states.

B. The federal government was inefficient because its power was divided into three branches, so the Constitution created a single federal government office led by the president.

C. State militaries were more powerful than the federal army, so the Constitution required each state to send a percentage of its population to defend the country.

D. States were able to make individual trade agreements with foreign countries, so the Constitution made it illegal for a state representative to meet with a foreign diplomat.

3. how did the involvement of communist china affect the korean war

Answers

The involvement of Communist China had a significant impact on the Korean War. Here are some key points to consider:

Entry into the War: China's entry into the conflict drastically altered its dynamics. Before China's involvement, North Korea, supported by the Soviet Union, had made substantial gains against South Korea and the United Nations forces. However, when Chinese forces entered the war in October 1950, they pushed back the UN forces and launched a counteroffensive against South Korea.

Increased Troop Strength: China's entry brought a massive influx of troops to the conflict. Chinese forces, numbering around 300,000, overwhelmed the UN forces and forced them into a retreat. This significantly prolonged the war and increased the casualties on both sides.

Strategic Objectives: China's primary objective in joining the war was to prevent the UN forces, predominantly led by the United States, from reaching its border. The fear of a US-led invasion prompted China to intervene to protect its security interests.

Stalemate: China's intervention shifted the balance of power in favor of the communist forces. However, despite their numerical advantage, Chinese forces were unable to achieve a decisive victory. The war eventually settled into a stalemate, with both sides engaging in protracted battles along the 38th parallel.

Air Superiority: China's entry also posed a challenge to the UN forces' air superiority. Chinese forces received air support from the Soviet Union, which complicated air operations for the UN forces. This led to more intense air-to-air combat and increased casualties among pilots from both sides.

Negotiations and Armistice: China's involvement eventually influenced the peace negotiations. With the war at a standstill and both sides experiencing heavy losses, negotiations for an armistice began in 1951. The Chinese were one of the signatories of the armistice agreement, which was signed in 1953, effectively ending the active fighting.

Overall, China's intervention in the Korean War had a significant impact, prolonging the conflict and shifting the balance of power. It resulted in a stalemate that eventually led to negotiations for an armistice, dividing Korea along the 38th parallel, a division that still exists today.

What is imperialism?
What is the appeal of imperialism?
How did imperialism help lead to war?w

Answers

Answer: The expansion of European nations as empires (also known as imperialism) can be seen as a key cause of World War I, because as countries like Britain and France expanded their empires, it resulted in increased tensions among European countries

Explanation: this should be right

The rise of the cathlic church

Answers

The rise of the Catholic Church can be traced back to the 1st century AD when Jesus Christ established his teachings and appointed Peter as the leader of his disciples, thus laying the foundation for the Church.

Over the centuries, the Catholic Church grew in prominence and influence, becoming the dominant Christian denomination in the Western world. Key factors in its rise include the conversion of Roman Emperor Constantine to Christianity in the 4th century, which led to the official recognition and patronage of the Church. The Catholic Church played a crucial role in medieval Europe, providing spiritual guidance, social order, and education. It established a hierarchical structure with the Pope as the supreme authority.

The Church's influence extended through missionary efforts, colonization, and the spread of Christianity to new regions. It faced challenges and controversies, such as the Protestant Reformation in the 16th century, but also embarked on reforms known as the Counter-Reformation.

Today, the Catholic Church is a global institution with millions of followers, engaging in charitable works, promoting social justice, and providing religious sacraments to its faithful. Its rise has been shaped by historical, political, and theological factors, making it one of the most enduring and influential religious organizations in the world.

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Refer to George Washington’s report to the Continental Congress on page three of the lesson. Summarize General Washington’s message in your own words in at least five sentences.

Answers

Answer:

As per George Washington's report to the Continental Congress, he emphasized on the importance of unity among the colonies in the American Revolution. He stressed that the success of the revolution is dependent on the collective ability of the colonies to work together and create a united front against the British. George Washington also focused on the need for increased military training and discipline to compete with the highly-trained British forces. His report concluded with a request for additional resources and support from the Continental Congress to help fund and supply the revolutionary army. Overall, George Washington's message was one of unity, preparation, and determination in the face of adversity.

! FILL IN THE BLANK !
1.) If the amendment wins the approval of Congress, it goes to the ___________.

Answers

Answer:

states

Explanation:

when it is passed it will either go to the cabinet or the state including if the party accepted it.

Which of these is NOT true of Henry Kissinger’s role in the Nixon administration?
President Nixon appointed him as a special assistant for national security affairs.
President Nixon sent him on a secret mission to the Soviet Union to assess the potential for détente.
He negotiated with North Vietnamese representatives in Paris and announced, “peace is at hand.”

Answers

The statement "He negotiated with North Vietnamese representatives in Paris and announced, 'peace is at hand'" is NOT true of Henry Kissinger's role in the Nixon administration. Option A is the correct answer.

While Henry Kissinger played a significant role in the Nixon administration as a key foreign policy advisor, the specific claim that he negotiated with North Vietnamese representatives in Paris and announced "peace is at hand" is inaccurate.

The negotiations with North Vietnam were primarily led by Kissinger's colleague, National Security Advisor William P. Rogers, and later by Kissinger himself as the lead negotiator for the United States.

Henry Kissinger's diplomatic efforts in relation to the Vietnam War involved the secret negotiations with North Vietnam in Paris, which ultimately led to the signing of the Paris Peace Accords in 1973. However, he did not make the announcement "peace is at hand" himself.

Instead, it was President Richard Nixon who made that statement during a press conference on October 26, 1972, expressing optimism about the progress in the negotiations. Option A is the correct answer.

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Which statement would Phyllis Schlafly most likely agree with?
A. Granting equal rights to women will harm children and families.
B. Affirmative action for women would lead to reverse discrimination
against men.
C. Social change cannot be brought about by forcing people to
accept ideas they are not yet ready to accept.
D. Current civil rights laws already provide sufficient protections for
the rights of women.

Answers

A, granting equal rights to women will harm children and families

Phyllis Schlafly, a conservative political activist and author, argued against feminist movements and progressive efforts to promote gender equality. Therefore, she would most likely agree with A. This statement is consistent with Schlafly's belief that traditional gender roles and family structures should be preserved, and any attempt at changing them could harm society as a whole. Schlafly opposed the Equal Rights Amendment and other feminist initiatives which she argued would erode the social institutions central to American life. Happy to help, have a great day! :)

Dances wolves How did Lt. Dunbar get the Native Americans (Lakota Sioux) to trust him?

Answers

He came to the Native with a peaceful attitude, and didn’t come to the Native Americans (Sioux) looking for a fight/ to steal from them.

Is the move to make English the official language of Puerto Rico part of the white mens burden why or why not

Answers

Answer:

The claim that making English the official language of Puerto Rico is part of the "White Man's Burden" is subjective and can be seen differently by different people. The "White Man's Burden" refers to the belief that white colonizers had a responsibility to bring their culture and language to non-white populations.

Whether making English the official language of Puerto Rico fits this concept depends on the motivations behind the policy. Supporters might argue that it promotes unity and economic opportunities by aligning with the dominant language in the United States. Critics may see it as erasing Puerto Rican culture and identity.

In summary, whether the move to make English the official language of Puerto Rico is related to the "White Man's Burden" is a matter of interpretation, and different people may have different views on the subject.


If we accept moral or cultural relativism, would it make sense to talk abc
moral progress? Why? What would be the basis for understanding moral
rogress?

Answers

If we accept moral or cultural relativism, the concept of moral progress becomes problematic.

Is moral progress possible in a relativistic framework?

In moral relativism, there is no objective standard by which to measure moral progress since moral values and norms are determined by individual cultures or personal beliefs. What may be considered morally progressive in one culture may be seen as regressive or even immoral in another.

So, without universal standard for morality, the notion of moral progress loses its foundation. Progress implies a movement towards an objectively better state, but in relativism, what is considered better or worse is subjective.

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Evaluate the ways in which the Florida Constitution addresses issues of fundamental importance to the state’s citizens in the areas of voting, local government, or education.

Answers

The Florida Constitution safeguards voting rights, empowers local governments through home rule powers, and mandates the provision of a high-quality public education system accessible to all residents.

The Florida Constitution encompasses provisions that address issues of fundamental importance to its citizens in the areas of voting, local government, and education. Regarding voting, the constitution ensures the protection of citizens' rights by guaranteeing universal suffrage, prohibiting the denial of voting rights based on race, color, or previous condition of servitude, and allowing for citizen initiatives to propose amendments to the constitution.

In the realm of local government, the constitution establishes a framework for municipal governance. It grants broad home rule powers to local governments, enabling them to address local needs effectively and efficiently. This provision allows municipalities to have more control over their own affairs, tailored to the specific demands and characteristics of their communities.

Regarding education, the Florida Constitution includes a mandate for the state to provide a high-quality public education system. It requires the state to make adequate provision for the education of all children residing within its borders and establishes a State Board of Education responsible for overseeing educational policies and standards. Furthermore, it ensures that the state's educational institutions are accessible and affordable by prohibiting the imposition of tuition fees for Florida residents attending public universities and colleges.

Overall, the Florida Constitution addresses fundamental concerns of its citizens by safeguarding voting rights, empowering local governments, and emphasizing the importance of education for all. These provisions reflect the commitment to democratic principles, local autonomy, and educational opportunities within the state.

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