The Federal Reserve System: A History

The Federal Reserve System: A History

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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.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

  • Q: What is the main focus of 'The Federal Reserve System: A History'? A: The book provides a comprehensive overview of the history and evolution of the Federal Reserve System, detailing its formation, key events, and significant changes in its operations since 1913.
  • Q: Who is the author of this book? A: The author of 'The Federal Reserve System: A History' is Donald R. Wells.
  • Q: When was 'The Federal Reserve System: A History' published? A: The book was published on August 16, 2004.
  • Q: What condition is the book in? A: The book is listed as a used book in good condition.
  • Q: How many pages does the book have? A: The book contains 224 pages.
  • Q: What type of binding does the book have? A: The binding of the book is paperback.
  • Q: What category does this book fall under? A: The book falls under the 'Banks & Banking' category.
  • Q: Does the book include information on the Federal Reserve's operational changes? A: Yes, the book discusses major changes in the Federal Reserve's operating procedures, particularly during the Alan Greenspan era since the 1980s.
  • Q: Is there a list of Federal Reserve Board members included in the book? A: Yes, the book includes an appendix listing all members of the Federal Reserve Board of Governors from its formation until 2003.
  • Q: What historical events does the book cover regarding the Federal Reserve? A: The book covers significant historical events such as the financial panic of 1907, the creation of the Federal Reserve, and its role during various financial and military crises.

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