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Has the Fed saved us from another Great Depression?

Economics
Tutor: None Selected Time limit: 1 Day

Has the Fed saved us from another Great Depression?

Apr 17th, 2015

When you say "Fed"

Are you referring to the federal government or federal reserve? 

Apr 16th, 2015

Yes 

Apr 16th, 2015

No, which one are you referring to. Federal reserve or the federal government? 

Apr 16th, 2015

Federal reserve

Apr 16th, 2015

The federal reserve has not been the sole factor for preventing the great depression. Considering many more factors are in to play such as executive authority of the government. In addition, legislative powers would also out-rule many economic policies; such as price ceilings that would drive recessions into play. Therefore, the Federal Reserve has not directly saved us from a Great depression. 

Apr 16th, 2015

Thanks Mr. J

Apr 16th, 2015

Any time, If you have any more questions please ask. 

Apr 16th, 2015

Ok

Apr 16th, 2015

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Apr 17th, 2015
May 26th, 2017
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