[ WP ] Write about a world where by law everyone receives their entire life savings at birth ; therefore the youngest are the most powerful .

MARCH 3, 2017 
 
 Secretary of State 
 1600 Pennsylvania Ave NW, 
 Washington, DC 20500 
 
 
 Dear Madam Secretary, 
 
 
 I hope my letter finds you well. This letter has been sent to confirm that my office has formally received and processed the Present ’ s letter requesting to receive periodic economic updates on the state of House of Representative ’ s latest economic stimulus bill intended to boost the United States economy and to avert recession. We have successfully formed a committee of 11 members to monitor and review its progress and to release official publications from the Federal Reserve to the press. In addition I shall, at the President ’ s request, delivery personal memos citing economic recommendations as we transition into Q2. 
 
 
 Regards, 
 Janet Yellen 
 Chair of the Board of Governors of the Federal Reserve System 
 20th Street and Constitution Avenue N.W. 
 Washington, D.C. 20551 
 P: ( 202 ) 974-7008 
 E: janet.yellen @ us.gov 
 
 DBNR 
 
 ——— 
 
 APRIL 4, 2017 
 
 Secretary of State 
 1600 Pennsylvania Ave NW, 
 Washington, DC 20500 
 
 
 Dear Madam Secretary, 
 
 
 Please deliver to the President of the United States this letter containing a summary and analysis of the economic state of the United States of America. 
 
 The initial stimulus has been disseminated. It has had the initial expected effect of producing a marked rise in the rate of inflation by 2.4 %. This is due to the printing and borrowing of money needed to finance the economic stimulus in the short-run. Economic analysis committees have projected that based on Census data, National Birth rates and Retirement statistics, 688 Billion USD would be needed for 2017 Q1 - Q4. The borrowing of this has acted to weaken the US dollar globally. This however is expected to be offset by a subsequent rise in GDP, business investment, and net exports. 
 
 
 Regards, 
 Janet Yellen 
 Chair of the Board of Governors of the Federal Reserve System 
 20th Street and Constitution Avenue N.W. 
 Washington, D.C. 20551 
 P: ( 202 ) 974-7008 
 E: janet.yellen @ us.gov 
 
 DBNR 
 
 ——— 
 
 JUNE 22, 2017 
 
 Secretary of State 
 1600 Pennsylvania Ave NW, 
 Washington, DC 20500 
 
 
 Dear Madam Secretary, 
 
 
 Please deliver to the President of the United States this letter containing a summary and analysis of the economic state of the United States of America. 
 
 The initial stimulus is currently in Phase 2. As predicted higher overall national spending has led to an increase in GDP and private sector investment as younger markets tend to spend more than their older counterparts instead of saving for the future. This is acted to increase the national GDP and has lifted the strength of the dollar overseas. The Federal Reserve has also instituted a step policy by which the stimulus packages are being released in batches in order to throttle inflation and prevent a glut of money supply in the markets. There have been reports of increases in litigation as some parents attempt to hold in trust the stimulus on behalf of their children, some against their wishes. These are isolated and not expected to increase. 
 
 
 Regards, 
 Janet Yellen 
 Chair of the Board of Governors of the Federal Reserve System 
 20th Street and Constitution Avenue N.W. 
 Washington, D.C. 20551 
 P: ( 202 ) 974-7008 
 E: janet.yellen @ us.gov 
 
 DBNR 
 
 ——— 
 
 SEPTEMBER 22, 2017 
 
 Secretary of State 
 1600 Pennsylvania Ave NW, 
 Washington, DC 20500 
 
 
 Dear Madam Secretary, 
 
 
 Please deliver to the President of the United States this letter containing a summary and analysis of the economic state of the United States of America. 
 
 The initial stimulus is currently in Phase 3. The overall positive effect of the stimulus has been retarded by the wealth re-distribution caused by the older-biased workforce. While the initial spending of the youth demographic acted to bolster the economy in terms of an overall rise in GDP, because of the disproportionate wealth to income ( most are outside of the workforce, unemployed, or in jobs making less that 15,000 USD per year ), this demographic overall has not had the ability to sustain its high level of discretionary spending for any prolonged period of time. Most notably, when the stimulus package has been exhausted, the wealth returns to their older counterparts who possess the skills and knowledge to provide the good and services that the younger markets were initially paying to own and use. This older demographic is more inclined to save overall and reduce the money supply recirculating. Forecasts indicate that within a few economic periods the economy will return to its pre-stimulus state. 
 
 
 Regards, 
 Janet Yellen 
 Chair of the Board of Governors of the Federal Reserve System 
 20th Street and Constitution Avenue N.W. 
 Washington, D.C. 20551 
 P: ( 202 ) 974-7008 
 E: janet.yellen @ us.gov 
 
 DBNR 
 
 ——— 
 
 DECEMBER 18, 2017 
 
 Secretary of State 
 1600 Pennsylvania Ave NW, 
 Washington, DC 20500 
 
 
 Dear Madam Secretary, 
 
 
 Please deliver to the President of the United States this letter containing a summary and analysis of the economic state of the United States of America. 
 
 GDP has fallen back to pre-stimulus levels as businesses are experiencing an economic downturn due to the absence of its previously bolstering young market demographics. Businesses are selling off excess latent capital previously needed during the higher demand of the early part of the economic stimulus and instituting layoffs due to the decreased demand and production. It was the Federal Reserve ’ s policy to suggest repayment of the national deficit during the times of higher GDP which has nearly offset the borrowing for the stimulus. The Federal Reserve will be lowering interest rates in the coming months to encourage spending and prevent another recession. 
 
 
 Regards, 
 Janet Yellen 
 Chair of the Board of Governors of the Federal Reserve System 
 20th Street and Constitution Avenue N.W. 
 Washington, D.C. 20551 
 P: ( 202 ) 974-7008 
 E: janet.yellen @ us.gov 
 
 DBNR 
 
 ——— 
 
 This is wholly a work of fiction and does not represent the FED or it ’ s monetary policy
