Subtitle: Why the Federal Reserve System was called into being, the main features of its organization, and how it works.
The author was a professor of economics at Princeton, and a firm advocate of the gold standard. Between 1922 and 1933, he served as an adviser to foreign governments, helping them establish and maintain strong currencies. His papers are available if you would like to know more about him and his career.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
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