The Advent of Central Banking in the United States

Thomas R Saving

Chapter 1 in A Century of Federal Reserve Monetary Policy:Issues and Implications for the Future, 2019, pp 3-14 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionA Brief History of Pre-Federal Reserve United States Central BankingWhy a Central Bank?How Central Banks Control the Money SupplyA Central Bank’s Balance SheetConclusion

Keywords: Federal Reserve; Monetary Policy; Money; Currency; Interest Rates; Inflation (search for similar items in EconPapers)
JEL-codes: E00 E6 F45 (search for similar items in EconPapers)
Date: 2019
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