by Edwin Walter Kemmerer (Author)
""The ABC of the Federal Reserve System"" by Edwin Walter Kemmerer is a comprehensive guide to the history, organization, and functions of the Federal Reserve System. The book explores the reasons why the Federal Reserve System was created and its main features, including its structure, governance, and responsibilities. It also delves into the mechanisms by which the Federal Reserve System works, including its monetary policy tools, such as open market operations, discount rates, and reserve requirements. The author provides a detailed analysis of the role of the Federal Reserve System in regulating the economy, stabilizing prices, and promoting economic growth. This book is an essential resource for anyone seeking to understand the workings of the Federal Reserve System and its impact on the US economy.An Excellent Elementary Presentation Of Its Subject.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.