Monetary Policy: The Thirties and The Sixties

The role of monetary policy in the debacle of the 1930's is examined, with lessons to be learned for current and recent events. The author is critical of past and present Federal Reserve policy, with emphasis on the behavior of the money supply.

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Bibliographic Details
Published in:Business economics (Cleveland, Ohio) Ohio), 1969-05, Vol.4 (3), p.45-49
Main Author: Tanner, J. Ernest
Format: Article
Language:English
Subjects:
Bank failures
Bank loans
Commercial banks
Federal Reserve Bank
Federal Reserve System
Interest rates
Monetary policy
Money supply
Open market purchases
Short term interest rates
United States
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Description
Summary:The role of monetary policy in the debacle of the 1930's is examined, with lessons to be learned for current and recent events. The author is critical of past and present Federal Reserve policy, with emphasis on the behavior of the money supply.
ISSN:0007-666X
1554-432X