Blanca Lockard
The Federal Reserve
The Federal Reserve 3
Who Owns It? 4
Audits 4
Gold 5
War 6
Assassinations 7
Great Depression 8
Federal Reserve True Intentions 9
Bibliography…………………………………………………………………………… 10
The Federal Reserve
According to their website federalreserve.gov “the Fed is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.” Their website breaks down the Federal Reserve’s responsibilities into four general areas.
The first area is conducting the nation’s monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices. The second being supervising and regulating banks and other important financial institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers. The third is maintaining the stability of the financial system and containing systemic risk that may arise in financial markets. The fourth is providing certain financial services to the U.S. government, U.S. financial institutions, and foreign official institutions, and playing a major role in operating and overseeing the nation’s payments systems.
Who Owns It?
One question that may come to mind is who owns the Federal Reserve? According their own website, “The Federal Reserve System fulfills its public mission as an independent entity within government. It is not “owned” by anyone and is not a...