Deflation / Inflation / Real Dollar (

From the Congressional Glossary – Including Legislative and Budget Terms Deflation / Inflation / Real Dollar Whip Inflation Now (WIN) Deflation: A sustained decrease in the general price level. Deflator: An index used to adjust a current dollar amount to its real dollar counterpart, that is, to remove the effects of inflation. Inflation: A rise … Read more

Fiscal and Monetary Powers – Article I Section 8, Clause 5 and 6 of the Constitution

The United States Constitution The Fiscal and Monetary Powers Clause are two of Congress’ enumerated powers found in the Constitution of the United States, Article. I. Section. 8., clause 5 and clause 6: (Clause 5 – Money) [The Congress shall have Power] To coin Money, regulate the Value thereof, and of foreign Coin, and fix … Read more