A History of Federal Reserve Policy, 1914—1946
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Date
1950-06
Authors
Rhorer, Harry M., Jr
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
A History of Federal Reserve Policy, 1914—1946
The purpose of this paper is to review the history of
action taken by the Board of Governors of the Federal Reserve System with regard to credit policies, and when there
was no definite policy stated, emphasis is placed on credit
statistics as have been compiled by the Board and on any
statement which was deemed significant. Since the quantity
of reserve funds available to the commercial banks is of
major concern, discussion of gold flows and government financing which affected the quantity of reserves is vital.
However, the causes of gold flows and government finance
are taken as facts and are not discussed for their merits
or demerits.
Description
237 pages
Keywords
credit policies, post-war, The Emergency Banking Act, Bank C