Description:
Chicago: Federal Reserve Bank of Chicago, Research Department, 1971. Revised edition. Wraps. Fair. Format is approximately 8.5 inches by 10.875 inches. 31, [1] pages, including covers. Illustrations. Tabular Data. Cover is worn, soiled, chipped, and torn, especially at front bottom near spine nearly halfway up. Name in ink on front cover. "Modern Money Mechanics" was a booklet published and distributed by the Federal Reserve Bank of Chicago, originally written by Dorothy M. Nichols in May 1961. Described as a "workbook on bank reserves and deposit expansion", the text offers a detailed description of the basic process of money creation in a fractional reserve banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System. The last issuance was in 1994. The purpose of this booklet is to describe the basic process of money creation in a "factional reserve" banking system. The…
Read More Trading in Federal Funds; Findings of a Three-year Survey by Dorothy M. Nichols - 1965
by Dorothy M. Nichols
Trading in Federal Funds; Findings of a Three-year Survey
by Dorothy M. Nichols
- Used
- Paperback
Board of Governors of the Federal Reserve System, 1965. Paperback. Good +. Good+ gold pictorial softcover. 1965. EX-LIB w/usual markings. Light drip/moisture spot to rear few pages at top corner, otherwise page faces clean. Mild edgewear. Binding solid. 116 pp.
- Seller Eastburn Books (US)
- Format/Binding Paperback
- Book Condition Used - Good +
- Quantity Available 1
- Binding Paperback
- Publisher Board of Governors of the Federal Reserve System
- Date Published 1965
- Keywords economics