What To Do If The Stock Market Crashes?

If the Stock Market crashes, the Federal Reserve System (the Fed) ought to open the Discount Window to Main Street, by making 1. loans only for the creation of real wealth; 2. loans at cost; 3. loans to benefit as large a number of people as possible by issuing loans to individual entrepreneurs, cooperatives, corporations with ESOPs and/or CSOPs as well as to public agencies with taxing power to fund infrastructure projects.

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Year of publication:	2017-03-14
Authors:	Gorga, Carmine

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Gorga, Carmine (2017): What To Do If The Stock Market Crashes? Published in: TalkMarkets , Vol. NA, No. Daily newsletter (14 March 2017): NA.
Classification:	D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption ; D78 - Positive Analysis of Policy-Making and Implementation ; E02 - Institutions and the Macroeconomy ; E32 - Business Fluctuations; Cycles ; E44 - Financial Markets and the Macroeconomy ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; F53 - International Agreements and Observance; International Organizations ; G01 - Financial Crises ; G18 - Government Policy and Regulation ; G28 - Government Policy and Regulation ; h12
Source:	BASE

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