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Even if businesses do not like the rules that govern their behavior, knowing those rules with certainty gives them something to plan around and navigate through.
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Is it any wonder taxpayers are skeptical of committing to writing a big check now or committing to do so over the next two years with no certainty of what tax rules will apply?
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All those rules would add some certainty to the current discretionary government fiat money regime.
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While new measures must be phased in over time so as not to interfere with the flow of credit, establishing those rules now can be an important source of certainty and confidence.
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The rules that were created working with the industry added certainty for cars and now we've added work trucks to that rule as well.
WHITEHOUSE: Press Briefing
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Many of the big trading institutions like Fidelity and Charles Schwab opposed the new rules because they wanted to preserve their right to sacrifice price for certainty of execution.
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First, they create legal certainty by replacing the current patchwork of laws in Europe with a single set of rules for all 27 European Union countries.
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By agreeing to a more fiscally responsible government and establishing the rules of the road for the next several years, policymakers could introduce a greater degree of certainty, which would spark greater investment, hiring, output, and trade.
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