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Dead Constitution
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Title: Happy Birthday!!!! Commemorating the Centennial
Source: FRB
URL Source: http://www.federalreserve.gov/aboutthefed/centennial/about.htm
Published: Dec 23, 2013
Author: FRB, joos, bankers, et al
Post Date: 2013-12-23 18:11:44 by X-15
Keywords: None
Views: 206
Comments: 2

The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. The system is composed of a central, independent governmental agency--the Board of Governors--in Washington, D.C., and 12 regional Federal Reserve Banks, located in major cities throughout the nation.

Today, the Federal Reserve sets the nation's monetary policy, supervises and regulates banking institutions, maintains the stability of the financial system, and provides financial services to depository institutions, the U.S. government, and foreign official institutions. (1 image)

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#1. To: X-15 (#0)

maintains the stability of the financial system,

Now there is a real laffer.

Cynicom  posted on  2013-12-23   18:21:46 ET  Reply   Trace   Private Reply  

www.whatdoesitmean.com/index1727.htm

Itistoolate  posted on  2013-12-23   19:27:17 ET  Reply   Trace   Private Reply  

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