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REGULATORY POLICY: Government policy based on government's ability to pass laws and enact regulations.
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CONTRACTIONARY FISCAL POLICY A form of fiscal policy in which a decrease in government purchases, an increase in taxes, and/or a decrease in transfer payments are used to correct the inflationary problems of a business-cycle expansion. The goal of contractionary fiscal policy is to close an inflationary gap, restrain the economy, and decrease the inflation rate. Contractionary fiscal policy is often supported by contractionary monetary policy. An alternative is expansionary fiscal policy.
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A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
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"The secret of getting things done is to act! " -- Dante Alighieri, poet
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LTT
Long-Term Trend
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