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Σελίδα 35
Europe , the need of paying to America nearly $ 1,000,000,000 annually in gold ( or its equivalent ) as interest and amortization of public and private debts , and the resultant Federal Reserve ownership of more than half the world's ...
Europe , the need of paying to America nearly $ 1,000,000,000 annually in gold ( or its equivalent ) as interest and amortization of public and private debts , and the resultant Federal Reserve ownership of more than half the world's ...
Σελίδα 37
not in debt , the member bank receives an additional credit reserve equal to $ 1,000,000 . This increase in its credit reserve raises the loaning limit of the system as a whole , on the average , tenfold , because member bank reserves ...
not in debt , the member bank receives an additional credit reserve equal to $ 1,000,000 . This increase in its credit reserve raises the loaning limit of the system as a whole , on the average , tenfold , because member bank reserves ...
Σελίδα 38
be that the Federal Reserve banks in 1922–23 , approved by the Federal Reserve Board , took the initiative away from the individual Reserve banks which previously acted competitively , and concentrated it in the hands of an Open Market ...
be that the Federal Reserve banks in 1922–23 , approved by the Federal Reserve Board , took the initiative away from the individual Reserve banks which previously acted competitively , and concentrated it in the hands of an Open Market ...
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activities American banks become believe better called cause cent Church common concerned Constitution course demand effect England fact fall Federal feeling followed force foreign girls give given gold Government hand House human hundred idea important increase individual industry institutions interest Italy kind land learned least less living look matter means ment merely mind nature never NORTH once organization party passed perhaps period play political possible practice present President problem production question rates reason Reserve result seems Senate social things thought tion true truth turn United vote whole women York