13 dic 1913 anni - Federal Reserve Act
Descrizione:
Banks required to keep a reserve of deposits to insulate from unanticipated losses. Om addition, the system governed by a board that would set the rates that banks have to give to the reserves. This gave the board the power to stimulate the economy during depression by lowering interest rates.
Aggiunto al nastro di tempo:
Unit 6 Timeline
By Connor Cline
Data:
