Excerpt from Uncertainties in Formulating Monetary Policy: Hearing Before the Commerce, Consumer, and Monetary Affairs Subcommittee of the Committee on Government Operations, House of Representatives, One Hundred Third Congress, Second Session, August 10, 1994 Spratt, Hon. John M., Jr., a Representative in Congress from the State of South Carolina, and chairman, Commerce, Consumer, and Monetary Affairs Subcommittee: Opening statement. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.