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Paperback The Federal Reserve ACT Book

ISBN: 1404208631

ISBN13: 9781404208636

The Federal Reserve ACT

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Format: Paperback

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Book Overview

The American banking system after the Civil War was not centralized but rather functioned independently in different geographical areas. Policies were not coordinated to insure that the money supply was sufficient to keep governments and businesses running properly. Through the efforts of the progressives, the Federal Reserve Act was passed to devise and implement a plan to stave off problems in currency, policies, and the money supply.

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