The Federal Reserve Act reorganized American banking to create a flexible, nationwide system of central banks.
This edition explains how the act connected existing banks into districts with a central authority to issue notes, hold reserves, and rediscount for member banks. It also describes the shift from an inelastic, fragmented system to a coordinated framework designed to prevent crises and support commerce.
The text traces the law’s aims to balance elastic currency with sound banking practices. It covers how reserves were deposited with Federal reserve banks, how the Federal Reserve Board supervised the system, and how the new structure evolved during and after the war. It also discusses features like foreign trade banking, the gold settlement fund, and the clearing and collection processes that modernized payments across the country.Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.
Anbieter: Forgotten Books, London, Vereinigtes Königreich
Paperback. Zustand: New. Print on Demand. This book explores the genesis of the Federal Reserve System, a pivotal institution in contemporary economics. It traces the evolution of America's banking system from the Civil War era to the establishment of the Federal Reserve in 1913. The author, a leading expert in banking law, delves into the problems that plagued the National Banking System and how the Federal Reserve aimed to address them, offering a fresh perspective on banking history. The text analyzes the Federal Reserve's role in stabilizing the economy, particularly during the critical periods of war and economic downturns, shedding light on its strategies for managing monetary policy and controlling credit. This book's insights are not only historically valuable but also offer valuable lessons for understanding and shaping the future of banking and economic policy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781440033025_0
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Anbieter: PBShop.store US, Wood Dale, IL, USA
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781440033025
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781440033025
Anzahl: 15 verfügbar
Anbieter: Revaluation Books, Exeter, Vereinigtes Königreich
Paperback. Zustand: Brand New. 58 pages. 9.00x6.00x0.14 inches. This item is printed on demand. Bestandsnummer des Verkäufers zk1440033021
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