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Author: Federal Reserve Bank of Chicago
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 240
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Book Description
Author: Federal Reserve Bank of Chicago
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 240
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Book Description
Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
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Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author: Federal Reserve Bank of Chicago
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 16
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Book Description
Author: Federal Reserve Bank Of Chicago
Publisher: Lulu.com
ISBN: 1105038319
Category : Business & Economics
Languages : en
Pages : 46
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Book Description
This reprint presents Modern Money Mechanics as it was originally published by the Federal Reserve Bank of Chicago in editions ranging from 1961-1992. The last revision, made in 1992, was most recently published in 1994. As a description of our money system since the time of the creation of the Federal Reserve, hard money advocates, political libertarians and others have found the content of this book damning and used it as part of a general critique of American fiat currency. This booklet has been cited by Gary North, Lew Rockwell, the U.S. and U.K. Libertarian parties and many others. It even features in YouTube videos. As a simplified model for fractional reserve banking, Modern Money Mechanics remains an excellent beginning, one that can be read in a single sitting and one that has the advantage of showing us the Federal Reserve presenting itself and its operations to a broad, mass readership.
Author: Federal Reserve Bank of Chicago
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 54
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Book Description
Author: Mr.Jaromir Benes
Publisher: International Monetary Fund
ISBN: 1475505523
Category : Business & Economics
Languages : en
Pages : 71
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Book Description
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Author: Federal Reserve Bank of Chicago
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 586
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Book Description
Author: Walter Earl Spahr
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 632
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Book Description
Author: Ronnie J. Phillips
Publisher: Routledge
ISBN: 1315286637
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
This work presents a comprehensive history and evaluation of the role of the 100 percent reserve plan in the banking legislation of the New Deal reform era from its inception in 1933 to its re-emergence in the current financial reform debate in the US.
Author: Federal Reserve Bank of Chicago
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 44
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Book Description
