Accession Number:

ADA207731

Title:

Money, Credit, and Banking in a National Security Emergency

Descriptive Note:

Corporate Author:

CENTER FOR PLANNING AND RESEARCH INC PALO ALTO CA

Personal Author(s):

Report Date:

1984-10-01

Pagination or Media Count:

24.0

Abstract:

This guidance document, Money, Credit, and Banking in a National Security Emergency, is intended to provide State and local leaders and, through them, the general public and financial institutions and private sector industries with information on relevant portions of plans for economic stabilization and measures to maintain basic elements of the money, credit, and financial system and provide for its restoration following a major emergency. It discusses general assumptions, objectives, and policies applicable to various emergency conditions and indicates the roles of State and local officials and financial institutions in planning for and operating under such conditions. Earlier guidance has primarily been addressed to an emergency initiated by a major attack on the United States. Revisions of emergency guidance documents have been undertaken to extend coverage to include evacuation of population in the threat of nuclear attack. It also reviews emergency economic actions in other conditions of lesser impact, such as those arising from increasing international tension or mobilization for conventional war. During such conditions Federal nationwide intervention may be required in the U.S. economy through emergency actions to manage resources in furtherance of national goals. At this time, additional economic stabilization measures may become necessary to support emergency resource management. These may include direct as well as indirect controls to combat inflation, panic buying, hoarding, speculation, or other adverse actions support efficient resource management and maintain confidence in the monetary and financial system.

Subject Categories:

  • Administration and Management
  • Military Intelligence

Distribution Statement:

APPROVED FOR PUBLIC RELEASE