The Federal Reserve System And The Banks (1916) - Paul Moritz Warburg - Bog

The book titled ""The Federal Reserve System And The Banks"" was written by Paul Moritz Warburg in the year 1916. The book provides a comprehensive overview of the Federal Reserve System, which is the central banking system of the United States. The author, who was a prominent banker and financial expert, delves into the history, structure, and functions of the Federal Reserve System and its relationship with commercial banks. The book is divided into several chapters, each of which covers a specific aspect of the Federal Reserve System. The first few chapters provide an introduction to the history of central banking in the United States, the need for a central banking system, and the events that led to the creation of the Federal Reserve System. The subsequent chapters explore the structure of the Federal Reserve System, including its various components such as the Federal Reserve Board, the Federal Reserve Banks, and the member banks. The author also explains the functions of the Federal Reserve System, which include controlling the money supply, regulating interest rates, and providing financial services to member banks. The book also discusses the relationship between the Federal Reserve System and commercial banks. The author explains how the Federal Reserve System provides liquidity to member banks, acts as a lender of last resort, and regulates the banking system to ensure its stability. Overall, ""The Federal Reserve System And The Banks"" is a comprehensive and informative book that provides readers with a detailed understanding of the Federal Reserve System and its role in the US economy. It is a valuable resource for anyone interested in banking, finance, or economics.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.