Neely, Christopher J. (contributor) - 2003 - [Elektronische Ressource]
Abstract: A primary purpose of the Federal Reserve Act of 1913 was to prevent banking panics
by establishing the Federal … banking panics. In other words, a primary goal of
the Federal Reserve System was to avert banking panics. Deposit insurance … to banking panics.
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Indeed, leaving aside the question of whether the Federal Reserve knows the fundamental
value …