IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/79408.html
   My bibliography  Save this paper

What To Do If The Stock Market Crashes?

Author

Listed:
  • Gorga, Carmine

Abstract

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.

Suggested Citation

  • Gorga, Carmine, 2017. "What To Do If The Stock Market Crashes?," MPRA Paper 79408, University Library of Munich, Germany, revised 26 May 2017.
    • Handle: RePEc:pra:mprapa:79408
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/79408/7/MPRA_paper_79408.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gorga, Carmine, 2017. "Concordian Economics: Beyond Micro and Macroeconomics," MPRA Paper 77498, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      D73; D78; E02; E32; E44; E52; E58; F53; G01; G18; G28; H12;
      All these keywords.

      JEL classification:

      • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
      • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
      • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
      • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
      • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
      • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
      • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
      • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
      • G01 - Financial Economics - - General - - - Financial Crises
      • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
      • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
      • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:79408. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.