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THE FEDERAL RESERVE SYSTEM

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by

joven jocelyn

on 8 April 2014

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Transcript of THE FEDERAL RESERVE SYSTEM

STRUCTURE
PUBLIC
*BOARD APPOINTED BY PRESIDENT AND CONFIRMED BY CONGRESS

PRIVATE
*12 REGIONAL FEDERAL RESERVE BANKS AND BOARD OF DIRECTORS
MONETARY POLICY
PRICE STABILTY

* BY BUYING AND SELLING GOVERNMENT SECURITIES
HISTORY
ANY ORGANIZATION COULD CREATE CURRENCY

THE PEOPLE LOST FAITH IN THE BANKING SYSTEM

BANKS COULD NOT PAY MONEY BACK AND PEOPLE LOST THEIR MONEY
BANK SUPERVISION
PROMOTE SAFETY AND SOUNDNESS OF BANKS

REVIEW POTENTIAL RISKS IN BANK INVESTMENTS

REGULATE THE FOLLOWING OF APPLICABLE LAWS

ENSURE CORRECTIVE ACTION IS TAKEN WHEN PROBLEMS ARE SUSPECTED
FINANCIAL SERVICES
BANK FOR THE U.S.

MAINTAINS THE U.S. TREASURY ACCOUNTS

FACILITATES COLLECTION OF FEDERAL TAXES

ISSUES, SERVICES, AND REDEEM TREASURY SECURITIES
THE SAD REALITY
PEOPLE ARE NOT CONFIDENT IN THE U.S. BANKING SYSTEM

INFLATION AND RECESSIONS HAVE BEEN CONSISTANT ISSUES IN AMERICAN ECONOMICS

THE SYSTEM WAS CREATED BY THE VERY OWN PEOPLE WHO'S SYSTEMS OF WHICH THE U.S. WERE TRYING TO ABOLISH
THE FEDERAL RESERVE SYSTEM


TO ESTABLISH AND MAINTAIN THE PUBLICS CONFIDENCE IN THE BANKING SYSTEM IN THE U.S.
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