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Book details ●

Author : Allan H. Meltzer

Pages : 808 pages

Publisher : University of Chicago Press

Language :

ISBN-10 : 0226519996

ISBN-13 : 9780226519999

Book Synopsis Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period from the Federal Reserve's founding in 1913 through the TreasuryFederal Reserve Accord of 1951, which marked the beginning of a larger and greatly changed institution.To understand why the Federal Reserve acted as it did at key points in its history, Meltzer draws on meeting minutes, correspondence, and other internal documents (many made public only during the 1970s) to trace the reasoning behind its policy decisions. He explains, for instance, why the Federal Reserve remained passive throughout most of the economic decline that led to the Great Depression, and how the Board's actions helped to produce the deep recession of 1937 and 1938. He also highlights the impact on the institution of individuals such as Benjamin Strong, governor of the Federal Reserve Bank of New York in the

Pdf download A History of the Federal Reserve, Volume 1: 1913-1951  

Download pdf A History of the Federal Reserve, Volume 1: 1913-1951 By Allan H. Meltzer Full version #kindle https://reviewskindlenew.icu/?q=...

Pdf download A History of the Federal Reserve, Volume 1: 1913-1951  

Download pdf A History of the Federal Reserve, Volume 1: 1913-1951 By Allan H. Meltzer Full version #kindle https://reviewskindlenew.icu/?q=...

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