The Federal Reserve What Everyone Needs to Know
ISBN: 9780199934485 | 0199934487
Format: HardcoverPublisher: Oxford University Press, USA
Pub. Date: 5/16/2013
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The Federal Reserve System ("the Fed") was established in 1913 to help avert financial panics and breakdowns in the banking system, which had all too frequently unsettled the economy in earlier decades. As the U.S. evolved into a major financial and economic power the Fed took on responsibilities as the U.S. central bank to assure that everyone who wants a job can get one and that the average level of prices remains generally stable. The Federal Reserve: What Everyone Needs to Knowis about how things work in practice for the Fed: how it makes d... MORE
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