Answer to Question #64844 in Economics for James

Question #64844
If the United States did not have a Federal Reserve, what government agency or private institution would control the money supply meaning who would makes such decision?
1
Expert's answer
2017-02-01T13:42:11-0500
If the United States did not have a Federal Reserve, then such government agency as Central (oe national) bank would control the money supply and make such decision as it is in almost all the countries.

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