A Plan for a Modified Central Bank (1907) - Paul Moritz Warburg - Bog

""A Plan For A Modified Central Bank"" is a book written by Paul Moritz Warburg in 1907. The book discusses the need for a modified central bank system in the United States. Warburg argues that the current banking system in the US is flawed and inefficient, and proposes a new system that would be more effective in regulating the economy and preventing financial crises. He suggests the creation of a central bank that would be independent from political influence, and would have the power to adjust interest rates and regulate the money supply. Warburg's ideas were eventually incorporated into the Federal Reserve Act of 1913, which established the Federal Reserve System as the central banking system of the United States. The book is considered a seminal work in the history of central banking and monetary policy.This Is A New Release Of The Original 1907 Edition.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.