bank

Federal Reserve

In 1913, the Federal Reserve system, the main banking system of the whole United States, was established. Back then, the United States citizens had no idea that the association would turn out to what it has. The Federal Reserve conducts open market operations to control the nations money supply. They...

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Luis Cardenas

Having deep family roots and many friends, Luis Cardenas comes from the largest city in the state baring his B.A. and a teaching credential. About nine years ago when he was a sophomore in high school Luis automatically knew teaching was his dream job after his wonderful experience teaching crafts...

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Controlling Inflation Is Simple We Simply Control The Money Supply

“Controlling inflation is simple, we simply control the money supply”. What do you think of this opinion? This opinion expresses the monetarist’s stance, emphasizing the power of the Central Bank policy to control the economy by preserving the stability of the financial markets. This, in effect means maintaining an equilibrium...

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Public Pillars Private Lives

A Master Plan Alexander Hamilton was at work on a document that would make or break America’s emerging financial system. The stakes were enormous. What lay at risk was the centerpiece of Hamilton’s financial system, a bank. Not just any bank, but a Bank of the United States. With this...

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