PPT-The Federal Reserve System

ECO 473 Money amp Banking Dr D Foster Origins amp structure of the Fed The Federal Reserve Banking System Board of Governors of the FRS 7 members equal standing but includes. Britain has the most developed system with the oldest Imperial award for naval long service introduced by King William IV in 1831 The Defence Force Service Awards were established on 20 April 198 2 by Letters Patent providing distinctive Australian brPage 1br acclaims MERCER RESERVE RESERVE CHARDONNAY RESERVE ODE TO BROTHERS RESERVE CABERNET SAUVIGNON RESERVE ANTHEM RESERVE CAVALIE MERCER ESTATES PINOT GRIS SAUVIGNON BLANC CHARDONNAY RIESL Hellerstein: Federal Reserve Bank of New York (e-mail: rebecca.hellerstein@ny.frb.org). The author thanks George Akerlof, Pranab Bardhan, Paul Gertler, Richard Gilbert, Monica Hirst, Jenny Lanjouw, C Peter Stella. Advisor. Monetary and Capital Markets Department. International Monetary Fund. Swiss National Bank, Zurich, . September . 30, . 2009. The views in this presentation are the author’s and do not represent those of the IMF, its Management or Executive Board. 11/3/14 . http://mrmilewski.com. OBJECTIVE. : . Demonstrate mastery of Ch#14, 27, &29. . . AP Macro-II.B. Language objective. : . Write about macroeconomics.. . I. . Test#3. . -test on Ch#14, 27, & 29. The Financial Crisis. The Federal Reserve . Exam Friday: Ch 6-11, readings, . Aplia. , class . lectures (not Janus forum lecture). Ben Bernanke. Federal Reserve Regional Banks. ?. One hundred . kur. barley, property of (the goddesses) Lady of . Uruk. and . Nanaya. , from the barley which is at . the. disposal of . Nergal-nir. , son of . Nanaya-ibni. , is charged against . Taroyan. Margarita. IE-11(E). Main points . History of the monetary system. Importance and value of the dollar. Bank regulation in the United . States. Monetary policy. International debt. Chapter 11. Central Banking. Objectives:. List the three creators of money in the U.S.. Explain why the Federal Reserve System was organized. Describe the supervisory bodies of the Federal Reserve. Explain the necessity of the Federal Reserve. The Central Bank of the United States. It is not part of the Federal Government, has no reserves, and is not a system…. Then, what is it?. 1. The Federal Reserve System - An Exposé - June 13, 2009 - MSPTC. : What is money (what is the economic definition of money)?. Answer. : Economists define money as anything . generally. accepted in exchange for commodities and in repayment of debt. For this reason, economists call money a ‘medium of exchange.’. The Fed’s Toolbox. Slide 1: Vocabulary. Bank . reserves – . The sum of cash that banks hold in their vaults and the deposits they maintain with Federal Reserve Banks.. Required reserves . –. . Main Reading (Sources): Chap 9 . Mishkin. & Eakins, 8. th. Chapter . Preview. We . examine the role of government authorities over the money supply. We focus primarily on the role of the U.S. Federal Reserve System, but also examine similar organizations in other nations. Topics include:. Table 27.1 A Simplified Balance Sheet of the Federal Reserve. Table 27.2 An Open Market Purchase of Government Bonds by the Fed. Table 27.3 A Loan by ABC Bank Becomes a Deposit in XYZ Bank. Figure 27.1a The Market for Federal Funds.