Letter to the president of the US

Letter to the president of the US

Dear Mr, President,

I would like to suggest something regarding interest rate in order to make better changes within the economy. For the last year, the effective federal funds interest rate has been 0.25%. The federal funds rate is considered one of the most important interest rates in the U.S. markets.

The federal funds rate is used to control the supply of available funds and hence, inflation and other interest rates. Raising the rate makes it more expensive to borrow. That lowers the supply of available money, which increases the short-term interest rates and helps keep inflation in check. Lowering the rate has the opposite effect, bringing short-term interest rates down.

In this incredibly low interest rate environment, there are some investments you'll probably want to avoid, as well as some better choices for where to invest (Wigglesworth, 2012).

How Interest Rates Affect Spending

A comparative look at the contemporary foreign policies of major states (Beasley et al. 2002) reveals a struggle over identity and its influence on foreign policy. From Russia's struggle to maintain its great power status in the post-Cold War era (D'Anieri 2002) to Germany's concerns about transforming itself into a “normal” power (Lantis 2002), China's struggle over its global identity (Ripley 2002), and India's concern that its great-power self-identity has never been recognized by others (Pavri 2002), the questions “Who are we?” and “How are we perceived by others?” seem to be prominent factors influencing the external behavior of these states and their internal policymaking processes.

The issue of state identity and its effects on foreign policy is certainly reflected in current FPA scholarship. Following the criticisms leveled by international relations (IR) theorists against structural and material perspectives and their new focus on the role of norms and identity in world politics, foreign policy analysts have also embraced concepts of state and national identity. Indeed, it is this development that most stands out across the past five years. Michael Barnett (1999), for example, explains Israeli participation in the Oslo peace process as a change in the way in which Israelis see themselves and their state. Thomas Banchoff (1999) advances Germany's identity with Europe as the answer to the puzzle of why that country's foreign policy has not followed the post-Cold War predictions of structural theories. Thomas Risse and his colleagues (1999) explain variations in French, German, and British policy toward the ...