answersLogoWhite

0

The fastest way to stimulate the US Economy is to lower interest rates to zero for a given period of time or event. If all mortages and credit card interest rates were lowered to zero for say two years it would give everyone who uses them a significant increase in their income. The banks would not lose since the taxpayer is bailing them out anyway. They do not need to be profitable during this period.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What are issued stimulus checks called?

Economic stimulus payments.


Does the economic stimulus check have to be paid back?

No


What are the effects of stimulus?

Stimulus effects refer to the impact of economic policies or measures aimed at boosting economic activity. These can lead to increased consumer spending, business investment, and job creation, ultimately supporting economic growth. However, excessive stimulus can also result in inflation or asset bubbles if demand outpaces supply. Additionally, the effectiveness of stimulus measures can vary based on the economic context and implementation strategies.


Will nonresidents benefit from the economic stimulus package?

Not directly. Section 6428(e)(3)(A) of the Recovery Rebates and Economic Stimulus for the American People Act (H.R. 5140) signed by the president on February 13, 2008, specifically says nonresident aliens are not eligible to receive the economic stimulus payments.


The primary stimulus to social and economic reforms during the Progressive Era came from?

Authours and social activists provided the stimulus.


When are wa getting a stimulus check in 2010?

Nothing is available at this time for the year 2010. The checks that were received in the year 2009 were called Economic Recovery Payment check. The economic stimulus check was received in the year 2008.


Income of 23000 how much do I receive for tax stimulus rebate?

Go to the IRS website and use their Economic Stimulus Payment Calculator.


Is the economic stimulus and earned income credit the same thing?

No they are different.


Bipartisan in a sentence?

The state's economic stimulus package was a bipartisan decision.


How do you use bipartisan in a sentence?

The state's economic stimulus package was a bipartisan decision.


What are the release dates for Gene Simmons Family Jewels - 2006 Economic Stimulus 4-5?

Gene Simmons Family Jewels - 2006 Economic Stimulus 4-5 was released on: USA: 28 June 2009


Will federalretirees receive stimulus check in 2010?

No, federal retirees did not receive a stimulus check in 2010. The stimulus checks, also known as Economic Impact Payments, were introduced in response to the COVID-19 pandemic in 2020, not in 2010. In 2010, there were no direct stimulus checks specifically for retirees; instead, there were other economic measures in place, such as tax credits and adjustments to Social Security benefits.