Gold And the Central Bank Swap Network Hearings Ninety Second Congress Second
Gold And the Central Bank Swap Network Hearings Ninety Second Congress Second
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Now, the United States has not yet made its reform proposals. Can you give us any ideas as to when it will make them, aside from the 'amendments the United States put forward to the IMF report? When are we going to make our proposals for the reform of the international monetaiy system? Mr. VoLCKER. I do not know what you mean by proposals precisely, Senator, because we think in the past we have made a number of points tliat we think are fundamental to any reform. They ai-e certainly general poi...nts, point of principle, points of phi- losophy, I do not know whether you characterize those as proposals ■or not. ' I do not think I can, here this morning, describe or attempt to forecast in detail how our f)osition might be developed in the period ahead, and just what might appear more desirable from all points of view. Senator Javits. Mr. Yolcker, that was not my question. I was not iisking you for the details. If I did, you have a right to tell me what you are telling me. My question was, Is the United States preparing ])roposals to be made for a new international monetary system, and if so.
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To quickly assess the difficulty of the text, read a short excerpt:
Now, the United States has not yet made its reform proposals. Can you give us any ideas as to when it will make them, aside from the 'amendments the United States put forward to the IMF report? When are we going to make our proposals for the reform of the international monetaiy system? Mr. VoLCKER. I do not know what you mean by proposals precisely, Senator, because we think in the past we have made a number of points tliat we think are fundamental to any reform. They ai-e certainly general poi...nts, point of principle, points of phi- losophy, I do not know whether you characterize those as proposals ■or not. ' I do not think I can, here this morning, describe or attempt to forecast in detail how our f)osition might be developed in the period ahead, and just what might appear more desirable from all points of view. Senator Javits. Mr. Yolcker, that was not my question. I was not iisking you for the details. If I did, you have a right to tell me what you are telling me. My question was, Is the United States preparing ])roposals to be made for a new international monetary system, and if so.
What to read after Gold And the Central Bank Swap Network Hearings Ninety Second Congress Second?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress Joint Economic Committee to read onlineMoreLess
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