The Federal Reserve System Purposes and Functions
Title | The Federal Reserve System Purposes and Functions PDF eBook |
Author | Board of Governors of the Federal Reserve System |
Publisher | |
Total Pages | 0 |
Release | 2002 |
Genre | Banks and Banking |
ISBN | 9780894991967 |
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
The Federal Reserve System
Title | The Federal Reserve System PDF eBook |
Author | Donald R. Wells |
Publisher | McFarland |
Total Pages | 224 |
Release | 2017-01-27 |
Genre | Political Science |
ISBN | 0786482192 |
The Federal Reserve banking system was created in 1913 in an effort to bring coherence to nationwide banking practices and prevent crises like the financial panic of 1907. Since it began operating in 1914, the Federal Reserve has played a crucial role in determining American financial policy and practice. It is largely an entity unto itself, operating independently, rarely subject to the political machinations of Congress or the presidency. Yet few Americans know how it works, and even fewer know anything of its history. This history of the Federal Reserve begins by giving an overview of American banking practices before the Federal Reserve's formation. The events leading to the Reserve's creation, and its early trials and tribulations, are then documented. Subsequent chapters track the Federal Reserve's history: its role during times of financial and military crisis, its relationship to each presidential administration, and the Fed's evolution as its leadership has changed over the years. The history wraps up with the Alan Greenspan era, explaining major changes in the institution's operating procedures since the 1980s. An appendix lists all members of the Federal Reserve Board of Governors, from its formation until 2003.
The Federal Reserve Act of 1913
Title | The Federal Reserve Act of 1913 PDF eBook |
Author | Virginius Gilmore Iden |
Publisher | |
Total Pages | 136 |
Release | 1914 |
Genre | Banks and banking |
ISBN |
Introduction to Business
Title | Introduction to Business PDF eBook |
Author | Lawrence J. Gitman |
Publisher | |
Total Pages | 0 |
Release | 2023-05-19 |
Genre | |
ISBN | 9781998109319 |
The Federal Reserve
Title | The Federal Reserve PDF eBook |
Author | Stephen H. Axilrod |
Publisher | Oxford University Press |
Total Pages | 160 |
Release | 2013-05-01 |
Genre | Business & Economics |
ISBN | 0199323860 |
The Federal Reserve System--the central bank of the United States, better known as The Fed--has never been more controversial. Criticism has reached such levels that Congressman Ron Paul, contender for the Republican presidential nomination in 2012, published End the Fed, with blurbs from musician Arlo Guthrie and actor Vince Vaughn. And yet, amid a slow economy and partisan gridlock, the Fed has never been more important. Stephen H. Axilrod explains this influential agency-its powers, operations, how it sets policy-in The Federal Reserve, a timely addition to Oxford's acclaimed series, What Everyone Needs to Know®. Of the two major governmental tools for shaping the economy, Congress controls fiscal policy-taxation and spending-and the Fed makes monetary policy-influencing how much money circulates in the economy, and how quickly. Traditionally the Fed has relied on three instruments: open-market operations (buying and selling U.S. bonds), lending to banks, and setting reserve requirements on bank deposits. It also helps to regulate the financial system. Drawing on years of experience inside the Federal Reserve System, Axilrod shows how these tools actually work, and answers a series of increasingly detailed questions in the series format. He asks, for instance, if the system of regional Fed banks needs modification for today's technological landscape; if there is corruption in the Fed's governance; what happens to profits from its operations; the impact of political pressure; the extent of Congressional oversight; and just how independent it truly is. Whether discussing the Fed's balance sheet through the financial crisis of 2008 and beyond, the federal funds rate, or the international context, Axilrod displays a mastery of his subject. Coming in time for the Fed's 100th anniversary in 2013, this book deftly explains an institution that every American needs to understand. What Everyone Needs to Know® is a registered trademark of Oxford University Press.
End the Fed
Title | End the Fed PDF eBook |
Author | Ron Paul |
Publisher | Grand Central Publishing |
Total Pages | 179 |
Release | 2009-09-16 |
Genre | Political Science |
ISBN | 044656818X |
In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve. Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in End the Fed, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.
The Federal Reserve System Purposes & Functions
Title | The Federal Reserve System Purposes & Functions PDF eBook |
Author | Board of Governors of the Federal Reserve System (U.S.). |
Publisher | |
Total Pages | 172 |
Release | 1994 |
Genre | Federal Reserve banks |
ISBN |