The Federal Reserve System And The Banks (1916)

''The Federal Reserve System and the Banks'' is a book written by Paul Moritz Warburg in 1916. Warburg was a German-American banker and one of the key architects of the Federal Reserve System. In this book, he provides an in-depth analysis of the Federal Reserve System and its role in the American banking system. The book is divided into three main parts. The first part provides a brief history of the banking system in the United States, including the problems that led to the creation of the Federal Reserve System. The second part focuses on the structure and functions of the Federal Reserve System, including its organization, policies, and operations. Warburg also discusses the role of the Federal Reserve in regulating the money supply and maintaining economic stability. The third part of the book is dedicated to the relationship between the Federal Reserve System and the commercial banks. Warburg explains how the Federal Reserve System interacts with the banks, including its role in providing liquidity, regulating interest rates, and supervising the banking system. Overall, ''The Federal Reserve System and the Banks'' is a comprehensive and detailed analysis of the Federal Reserve System and its impact on the American banking system. It is an important resource for anyone interested in understanding the history and workings of the Federal Reserve System.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world’s literature in affordable, high quality, modern editions, that are true to their original work.