answersLogoWhite

0

What is federal reserve made up?

Updated: 8/20/2019
User Avatar

Wiki User

12y ago

Best Answer

That is sentence is horribly constructed and I'm not sure what you're asking but I'll tell you what I know about it. Its origin is with Alexander Hamilton with the first national bank which stayed around for a while and until mid 1800s. Then it was re-instilled in 1813 with the Fiat system and then during the FDR era the fed was created and its main purpose is to regulate the money supply making sure it is not too inflated or deflated or whatever.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is federal reserve made up?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where is money sent after its made?

When money is minted, the first place it goes is the Federal Reserve. The Federal Reserve is like the ultimate lender. All banks get their money from the Federal Reserve.


What makes up the federal reserve?

The Federal Reserve is a central banking system in the United States made up of 12 regional banks. The Federal Reserve System is tasked with setting the U.S.'s monetary policy, insuring bank deposits, and helping insure the stability of the U.S. economy.


What changes were made to the Federal Reserve system in 1935?

The federal reserve system was given more centralized power


What is the value of a 1934 A 10 dollar Federal Reserve Note made in Chicago Illinois?

To clear things up, the bill wasn't made in Chicago. It was printed in Washington for distribution through the Chicago Federal Reserve District. Please see the question "What is the value of a 1934 A 10 dollar Federal Reserve Note?" for values and other information.


What is the makeup of the Federal Reserve Districts?

Each district is made up of more than one state. Federal Reserve Districts include a mixture of agricultural, manufacturing, and service industries as well as rural and urban areas.


What government agency conducts monetary policy in the United States?

The Federal Reserve is responsible for managing the money supply in the U.S.


What was the singular achievement of the Federal Reserve Act?

Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.


What causes the Federal Reserve System to earn money?

Earnings of the Federal Reserve System are primarilyderived from the interest the Federal Reserve Banks receive from their holdings of securities acquired from their open market operations along with interest from loans made to member banks.


When was the federal reserve established?

The Federal Reserve was created in 1913


How many federal reserve districts did the Federal Reserve Act divide the US into?

There are twelve Federal Reserve districts in the U.S.


What law was passed by congress to prevent financial panic?

The Federal Reserve Act...Apex:)


What is federal reserve system for?

what is one of examiner jobs at the federal reserve