Author: Virginius Gilmore IdenPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 136
Book Description
The Federal Reserve Act of 1913
Author: Virginius Gilmore IdenPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 136
Book Description
Brief History of the Gold Standard (GS) in the United States
Author: Craig K. ElwellPublisher: DIANE Publishing
ISBN: 143798889X
Category : Business & Economics
Languages : en
Pages : 18
Book Description
The U.S. monetary system is based on paper money backed by the full faith and credit of the fed. gov't. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the U.S. was on a metallic standard of one sort or another. On occasion, there are calls to return to such a system. Such calls are usually accompanied by claims that gold or silver backing has provided considerable economic benefits in the past. This report reviews the history of the GS in the U.S. It clarifies the dates during which the GS was used, the type of GS in operation at the various times, and the statutory changes used to alter the GS and eventually end it. It is not a discussion of the merits of the GS. A print on demand oub.
Gold Reserve Act Amendments, Hearings Before a Subcommittee of ..., 83-2 on S.13, S.2332, S.2364, S.2514 ..., March 29, 30, 31, and April 1, 1954
Author: United States. Congress. Senate. Banking and Currency CommitteePublisher:
ISBN:
Category :
Languages : en
Pages : 474
Book Description
American Default
Author: Sebastian EdwardsPublisher: Princeton University Press
ISBN: 0691196044
Category : Business & Economics
Languages : en
Pages : 288
Book Description
The untold story of how FDR did the unthinkable to save the American economy.
After the Music Stopped
Author: Alan S. BlinderPublisher: Penguin
ISBN: 1101605871
Category : Business & Economics
Languages : en
Pages : 587
Book Description
The New York Times bestseller "Blinder's book deserves its likely place near the top of reading lists about the crisis. It is the best comprehensive history of the episode... A riveting tale." - Financial Times One of our wisest and most clear-eyed economic thinkers offers a masterful narrative of the crisis and its lessons. Many fine books on the financial crisis were first drafts of history—books written to fill the need for immediate understanding. Alan S. Blinder, esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, held off, taking the time to understand the crisis and to think his way through to a truly comprehensive and coherent narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we can do from here—mired as we still are in its wreckage. With bracing clarity, Blinder shows us how the U.S. financial system, which had grown far too complex for its own good—and too unregulated for the public good—experienced a perfect storm beginning in 2007. Things started unraveling when the much-chronicled housing bubble burst, but the ensuing implosion of what Blinder calls the “bond bubble” was larger and more devastating. Some people think of the financial industry as a sideshow with little relevance to the real economy—where the jobs, factories, and shops are. But finance is more like the circulatory system of the economic body: if the blood stops flowing, the body goes into cardiac arrest. When America’s financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected—and fragile—the global financial system is. Some observers argue that large global forces were the major culprits of the crisis. Blinder disagrees, arguing that the problem started in the U.S. and was pushed abroad, as complex, opaque, and overrated investment products were exported to a hungry world, which was nearly poisoned by them. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government’s actions, particularly the Fed’s, were previously unimaginable. And to an amazing—and certainly misunderstood—extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen again.
Provisional Regulations Issued Under the Gold Reserve Act of 1934, as Amended to January 1, 1936
Author: United States. Department of the TreasuryPublisher:
ISBN:
Category : Gold
Languages : en
Pages : 36
Book Description
The Federal Reserve Act
Author: Robert Latham OwenPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 120
Book Description
Gold Reserve Act of 1934
Author: United States. Congress. House. Committee on Coinage, Weights, and MeasuresPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 228
Book Description
Considers legislation to transfer to U.S. Treasury ownership and possession of Federal Reserve Bank gold stock and to prohibit gold coinage and redemption of currency in gold.
Gold Reserve Act of 1934
Author: United States. Congress. Senate. Committee on Banking and CurrencyPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 402
Book Description
Considers legislation to transfer to U.S. Treasury all gold held by Federal Reserve Board in return for payment in gold certificates and to prohibit further gold coinage and currency redemption in gold.
The Federal Reserve Act (approved December 23, 1913) as Amended
Author: United StatesPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 114
Book Description