""The Development of Federal Reserve Policy"" was written by Harold Lyle Reed in 1922. This book explores the history of the Federal Reserve System and how its policies have evolved over time. Reed discusses the various factors that have influenced the Federal Reserve's decision-making process, including economic conditions, political pressures, and the personalities of key players within the organization. He also examines the ways in which the Federal Reserve has responded to crises such as the Great Depression and World War I. Overall, this book provides a comprehensive overview of the Federal Reserve's role in shaping monetary policy in the United States and sheds light on the complex factors that have influenced its decisions throughout history.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
Owing to the unusual character of the period during which its policy has been developed, many misconceptions have become current regarding the nature and purpose of the Federal Reserve banking system. Some of these misconceptions are so far-reaching as to create serious difficulties for its management. No central banking system can be administered efficiently in an atmosphere of prejudice and misunderstanding. The business public, in its appraisal of the systems management, must be led to apply the tests of sound principles of economics and finance rather than those rnerely of immediate, individual advantage. I t, accordingly, has been the writers endeavor to do what little his capacities permit to stimulate a proper spirit of inquiry regarding Federal Reserve matters. It has appeared to the writer that a careful examination of the development of the reserve system could be made most opportunely by one not connected with its management. As a minor spur to the writers efforts there has been the belief that no study offers superior opportunities for investigating the working of the principles of money and credit under contemporary conditions of business and industry. While the book was written for the general reading public, rather than for classroom purposes, it may serve as a second book to follow the reading of one of the elementary texts in college courses in Money and Banking.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Librería: California Books, Miami, FL, Estados Unidos de America
Condición: New. Nº de ref. del artículo: I-9781104386689
Cantidad disponible: Más de 20 disponibles