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In my mind this is the old “If the only tool you have is a hammer, you tend to see every problem as a nail.” They can raise or decrease the interest rates as i
by marcod 3y ago
In my mind this is the old “If the only tool you have is a hammer, you tend to see every problem as a nail.”
They can raise or decrease the interest rates as its governing body sees fit.
To raise taxes or pay debt requires approval from the Legislature and that seems hard to come by.