camrynhelm7696 camrynhelm7696
  • 06-11-2017
  • Business
contestada

What are the advantages of having the federal reserve oversee the regulation of the banking system?

Respuesta :

shinmin
shinmin shinmin
  • 17-11-2017

The advantage is that "the government" can never go bankrupt, as they are a distinct entity. The Fed is organized by Elite bankers and partly by the government. The Reserve has power to reproduce money, and the government does not. The Reserve upholds a "fractional reserve" system which is not a good system and is going to ultimately ruin. 

Answer Link

Otras preguntas

What were some ways political machines hurt cities? A. People without ability or experience became officials. B. Immigrants received help and could stay in Amer
what is training needs analysis?
what is 2x-45y=22 when y=21
Read the excerpt from Obama second inaugural address. What is president Obamas purpose in this section of the speech?
What is ((x^(2 )y^(3))^((1)/(3)))/(\root(3)(x^(2)y)) in exponential form?
To what extent do preexisting personal biases affect representation in new media
Draw the line of reflection that reflects quadrilateral ABCD onto quadrilateral A'B'C'D' What are the two points?
Ayden ran 2 7/8 laps. eduardo ran 1 1/4 laps. how much farther did ayden run than eduardo? 1 5/8 3 8/12 1 6/4 4 1/8
PLSSSSSSSSSSSSSSSSSSSSSS HELP PRETTY PLSSSSSSSSSSSSSSSSSSSSSSSSSSSSS HELPPPPP PLSSSSSSSSSSSSSSSS HELP Fill in the blanks with the correct adjective in parenthes
there are 10 mm in one cm and 100 cm in 1m. an adult alligator is about 4,000 mm long and an adult crocodile is abt 6m longWhich is longer?HELP PLEASE