The Formation of the Federal Reserve: The Early History of America's Central Banking System
(eAudiobook)
Description
Also in this Series
More Details
Reviews from GoodReads
Citations
Charles River Editors., Charles River Editors|AUTHOR., & David Van Der Molen|READER. (2022). The Formation of the Federal Reserve: The Early History of America's Central Banking System . Findaway Voices.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Charles River Editors, Charles River Editors|AUTHOR and David Van Der Molen|READER. 2022. The Formation of the Federal Reserve: The Early History of America's Central Banking System. Findaway Voices.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Charles River Editors, Charles River Editors|AUTHOR and David Van Der Molen|READER. The Formation of the Federal Reserve: The Early History of America's Central Banking System Findaway Voices, 2022.
MLA Citation, 9th Edition (style guide)Charles River Editors, Charles River Editors|AUTHOR, and David Van Der Molen|READER. The Formation of the Federal Reserve: The Early History of America's Central Banking System Findaway Voices, 2022.
Staff View
Grouping Information
Grouped Work ID | 4bd65f2b-fc87-149a-04d6-9ed29aefb007-eng |
---|---|
Full title | formation of the federal reserve the early history of americas central banking system |
Author | charles river |
Grouping Category | book |
Last Update | 2024-05-16 02:01:45AM |
Last Indexed | 2024-05-21 03:03:52AM |
Hoopla Extract Information
stdClass Object ( [year] => 2022 [artist] => Charles River Editors [fiction] => [coverImageUrl] => https://cover.hoopladigital.com/dvf_9798368991795_270.jpeg [titleId] => 16233275 [isbn] => 9798368991795 [abridged] => [language] => ENGLISH [profanity] => [title] => The Formation of the Federal Reserve: The Early History of America's Central Banking System [demo] => [segments] => Array ( ) [duration] => 1h 29m 0s [children] => [artists] => Array ( [0] => stdClass Object ( [name] => Charles River Editors [artistFormal] => Charles River Editors, [relationship] => AUTHOR ) [1] => stdClass Object ( [name] => David Van Der Molen [artistFormal] => Van Der Molen, David [relationship] => READER ) ) [genres] => Array ( [0] => 19th Century [1] => History [2] => United States ) [price] => 0.69 [id] => 16233275 [edited] => [kind] => AUDIOBOOK [active] => 1 [upc] => [synopsis] => Debates over paper money and banking are older than the United States of America itself. 18th and 19th century Americans were deeply ambivalent about paper money and central banks, and political fights over these issues were among the bitterest in American history. In fact, controversies over the country's central bank birthed both the first (1792-1824) and second (1828-1852) party systems; frequently, policymakers crafted responses to the crisis at hand, and as a result they implemented policies that were inadequate to the challenges the country faced in the future. Indeed, the early administrations' ambivalence toward central banking and paper money, combined with the ad hoc nature of policymakers' responses, caused severe problems. These issues came to a head during the Panic of 1907, which provoked a major reassessment of America's banking system. Progressive Era reformers like President Woodrow Wilson walked a tightrope, balancing fears of centralized wealth with the undeniable need for a rational mechanism to help govern the country's economy. The system they created represented half a loaf, its many compromises and weaknesses corrected by the response to two other crises: the Great Depression and the Cold War. The Federal Reserve System that has existed since the Accord of 1951 has cooled the passionate conflict over central banking and rendered obsolete many of the monetary questions that so animated Americans in previous centuries. [url] => https://www.hoopladigital.com/title/16233275 [pa] => [publisher] => Findaway Voices [purchaseModel] => INSTANT )