ABC of the Federal Reserve System

Subtitle: Why the Federal Reserve System was called into being, the main features of its organization, and how it works.

The author was a professor of economics at Princeton, and a firm advocate of the gold standard. Between 1922 and 1933, he served as an adviser to foreign governments, helping them establish and maintain strong currencies. His papers are available if you would like to know more about him and his career.

This work has been selected by scholars as being culturally important, ...