The US Federal Reserve System was created at the beginning of the 20th century. IN 1913 G. the United States passed the Federal Reserve Act. The purpose of the law was defined as follows: "Creation of banks of the Federal Reserve, ensuring a stable monetary system, receipt of rediscount funds, Building Better Supervision of Banking in the United States ". For this purpose, the Federal Reserve System was created. […]
on a tip
but I have a question.
is there a demand for this your `` increase in lending ''?
you don't have to dig deep into the idea of a balance sheet recession to notice,
that the reduction of debts in circulation in other countries is not due to banks' reluctance to lend
(or the presence of other sources of income), and due to the lack of demand for credit.
we are not in the elections here, so talk about, that lending is now only a demand problem or
only suggestions, incorrect. the point is, what's the problem here and there. and it is solved by normalizing
inflation parameters and growth in real income.
the same applies to the desire of the National Bank to lend to someone there. it's just funny.
although it's better to do something, than nothing.
Federal Reserve System (FED, The federal reserve) (English. Federal Reserve System) - Specially created in 1913 year by the Federal Reserve Act (English. Federal Reserve Act) system, which collectively serves as the central bank of the United States of America. The state plays a significant role in the management of the FRS, although the form of ownership of capital is private - joint-stock with a special status of shares.