Analysis and Correspondence on the 1978 Economic Policies for Dollar Stabilization
- Identifier:
- CAC_CC_109_4_22_38_0022
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- Analysis and Correspondence on the 1978 Economic Policies for Dollar Stabilization
- Date Created:
- 1978-11-01
- EDTF:
- 1978-11-01
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- James R. Jones Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/70
- Description:
- The document is a letter from James H. Chafin to Congressman James R. Jones expressing concerns about the President's plan to address inflation by raising interest rates and other methods. Chafin outlines the short and long-term effects of the plan, expressing skepticism about its effectiveness and suggesting that the government should focus on balancing the federal budget to reduce inflation. Chafin also criticizes the decision to borrow foreign money and sell US gold abroad. He concludes by suggesting that the only way to understand the government's fiscal policies is to take a course in economics from a socialist perspective.
- Topic:
- Inflation (Finance), Education--United States
- Congress:
- 95th (1977-1979)
- Physical Location:
- CAC_CC_109_4_0000, Box 22, Folder 38, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- Oklahoma (state), United States (nation)
- Type:
- Text
- Extent:
- 4 Pages
