ERIC Number: ED174543
Record Type: Non-Journal
Publication Date: 1978
Reference Count: N/A
Your Money and the Federal Reserve System.
Federal Reserve Bank of Minneapolis, Minn.
The booklet explores various roles which money has played throughout history and examines the relationship between money and the Federal Reserve System. The major objective is to increase understanding of the performance of various functions such as making money work as a medium of exchange and as a measure of value and of storing value for future use. Topics discussed include the barter system as the ancestor of money, early and modern forms of money, disadvantages of coin, commercial banking, influences of banks of the money supply, bank lending, the price of borrowed money, problems of money and banking systems, monetary policy, bank reserves, Federal Reserve processing services, and the cost of operating the Federal Reserve. Information is presented in a statement/explanation format and is accompanied by illustrations and photographs. (DB)
Descriptors: Banking, Budgeting, Consumer Economics, Credit (Finance), Economics, Federal Regulation, Financial Needs, Financial Policy, Government Role, Inflation (Economics), Monetary Systems, Money Management, Policy Formation, Purchasing
Office of Public Information, Federal Reserve Bank of Minneapolis, 250 Marquette Street, Minneapolis, Minnesota 55480 (free)
Publication Type: Guides - Classroom - Learner
Education Level: N/A
Authoring Institution: Federal Reserve Bank of Minneapolis, Minn.