The Formation of the Federal Reserve: The Early History of America’s Central Banking System

Spilletid
1T 28M
Språk
Engelsk
Format
Kategori

Historie

Debates over paper money and banking are older than the United States of America itself. 18th and 19th century Americans were deeply ambivalent about paper money and central banks, and political fights over these issues were among the bitterest in American history. In fact, controversies over the country’s central bank birthed both the first (1792-1824) and second (1828-1852) party systems; frequently, policymakers crafted responses to the crisis at hand, and as a result they implemented policies that were inadequate to the challenges the country faced in the future.

Indeed, the early administrations' ambivalence toward central banking and paper money, combined with the ad hoc nature of policymakers’ responses, caused severe problems. These issues came to a head during the Panic of 1907, which provoked a major reassessment of America’s banking system. Progressive Era reformers like President Woodrow Wilson walked a tightrope, balancing fears of centralized wealth with the undeniable need for a rational mechanism to help govern the country’s economy. The system they created represented half a loaf, its many compromises and weaknesses corrected by the response to two other crises: the Great Depression and the Cold War. The Federal Reserve System that has existed since the Accord of 1951 has cooled the passionate conflict over central banking and rendered obsolete many of the monetary questions that so animated Americans in previous centuries.

© 2023 Charles River Editors (Lydbok): 9798368991795

Utgivelsesdato

Lydbok: 7. januar 2023

Andre liker også ...

  1. How the Old World Ended: The Anglo-Dutch-American Revolution 1500-1800 Jonathan Scott
  2. Six Days of War: June 1967 and the Making of the Modern Middle East Michael B. Oren
  3. Energy and Civilization: A History Vaclav Smil
  4. The New Confessions of an Economic Hit Man John Perkins
  5. The Darkening Age: The Christian Destruction of the Classical World Catherine Nixey
  6. The Sleepwalkers: How Europe Went to War in 1914 Christopher Clark
  7. Disunited Nations: The Scramble for Power in an Ungoverned World Peter Zeihan
  8. Kissinger: A Biography Walter Isaacson
  9. Titan: The Life of John D. Rockefeller, Sr. Ron Chernow
  10. Fear: Trump in the White House Bob Woodward
  11. The CIA as Organized Crime: How Illegal Operations Corrupt America and the World Douglas Valentine
  12. Our Oriental Heritage: A History of Civilization in Egypt and the Near East to the Death of Alexander, and in India, China, and Japan from the Beginning to Our Own Day, with Will Durant
  13. The New Rules of War: Victory in the Age of Durable Disorder Sean McFate
  14. The Silk Road: A New History Valerie Hansen
  15. Empire of Pain: The Secret History of the Sackler Dynasty Patrick Radden Keefe
  16. The Rise and Fall of the Third Reich: A History of Nazi Germany William L. Shirer
  17. Israel: A Concise History of a Nation Reborn Daniel Gordis
  18. The Civilization of the Middle Ages: A Completely Revised and Expanded Edition of Medieval History, the Life and Death of a Civilization Norman F. Cantor
  19. A History of the World Andrew Marr
  20. The Life of Greece: A History of Greek Civilization from the Beginnings, and of Civilization in the Near East from the Death of Alexander, to the Roman Conquest Will Durant
  21. Barbarians at the Gate: The Fall of RJR Nabisco John Helyar
  22. The End of the World is Just the Beginning: Mapping the Collapse of Globalization Peter Zeihan
  23. A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation Scott Nations
  24. Almost Human: The Astonishing Tale of Homo naledi and the Discovery That Changed Our Human Story Lee Berger
  25. Collision of Empires: The War on the Eastern Front in 1914 Prit Buttar
  26. The Shadow War: Inside Russia's and China's Secret Operations to Defeat America Jim Sciutto
  27. Making the Arab World: Nasser, Qutb, and the Clash That Shaped the Middle East Fawaz A. Gerges
  28. America’s Secret War: Inside the Hidden Worldwide Struggle between America and its Enemies George Friedman
  29. Hitler's Hangman: The Life of Heydrich Robert Gerwarth
  30. Phantom Terror: The Threat of Revolution and the Repression of Liberty 1789-1848 Adam Zamoyski
  31. Noise Daniel Kahneman
  32. Nation, State and Empire: Belonging in a Globalized World Richard J Evans
  33. Viking Britain: A History Thomas Williams
  34. The Origin of Species by Means of Natural Selection: or, The Preservation of Favored Races in the Struggle for Life Charles Darwin
  35. The Theft of India : The European Conquests of India, 1498-1765 Roy Moxham
  36. Medieval Europe Chris Wickham
  37. The Great Siege: Malta 1565 Ernle Bradford
  38. Bad Blood: Secrets and Lies in a Silicon Valley Startup John Carreyrou
  39. Crusaders: An Epic History of the Wars for the Holy Lands Dan Jones
  40. Charlemagne Johannes Fried
  41. The Battle of Breitenfeld: The History and Legacy of the First Major Protestant Victory of the Thirty Years’ War Charles River Editors
  42. The Mamluks: The History and Legacy of the Medieval Slave Soldiers Who Established a Dynasty in Egypt Charles River Editors
  43. The Zimmermann Telegram Barbara W. Tuchman
  44. A Distant Mirror: The Calamitous 14th Century Barbara W. Tuchman
  45. Babylon: Mesopotamia and the Birth of Civilization Paul Kriwaczek
  46. Powers and Thrones: A New History of the Middle Ages Dan Jones

Derfor vil du elske Storytel:

  • Over 700 000 bøker

  • Eksklusive nyheter hver uke

  • Lytt og les offline

  • Kids Mode (barnevennlig visning)

  • Avslutt når du vil

Det mest populære valget

Unlimited

For deg som vil lytte og lese ubegrenset.

219 kr /måned
50 % i 3 måneder
  • 1 konto

  • Ubegrenset lytting

  • Lytt så mye du vil

  • Over 700 000 bøker

  • Nye eksklusive bøker hver uke

  • Avslutt når du vil

50 % i 3 måneder
Familiens førstevalg

Family

For deg som ønsker å dele historier med familien.

Fra 289 kr/måned
50 % i 3 måneder
  • 2-3 kontoer

  • Ubegrenset lytting

  • Lytt så mye du vil

  • Over 700 000 bøker

  • Nye eksklusive bøker hver uke

  • Avslutt når du vil

2 kontoer

289 kr /måned
50 % i 3 måneder

Basic

For deg som lytter og leser av og til.

149 kr /måned
  • 1 konto

  • 20 timer/måned

  • Lytt opp til 20 timer per måned

  • Over 700 000 bøker

  • Nye eksklusive bøker hver uke

  • Avslutt når du vil

Prøv 30 dager gratis

Lytt og les ubegrenset

Kos deg med ubegrenset tilgang til mer enn 700 000 titler.

  • Lytt og les så mye du vil
  • Utforsk et stort bibliotek med fortellinger
  • Over 1500 serier på norsk
  • Ingen bindingstid, avslutt når du vil
Prøv gratis
NO - Details page - Device banner - 894x1036