limited central bank / e-gold / printing press / bank / banking / /
Organization
Congress / federal government / Centennial Monetary Commission / Ronald Reagan’s Gold Commission / U.S. Monetary Commission / US Federal Reserve / House Financial Services Committee / Joint Economic Committee / Cato Institute / /
Person
Jeb Hensarling / Richard Nixon / Jerry L. Jordan / John A. Allison / R. David Ranson / Ronald Reagan / Martin Hutchinson / Kevin P. Brady / Lawrence H. White / Charles I. Plosser / Richard H. Timberlake / Lewis E. Lehrman / George A. Selgin / Kevin Dowd / /
Position
Editor / chairman / President / chairman and CEO / /
Editor’s Note The Federal Reserve Act was passed on December 23, 1913. It was designed to provide an elastic currency that would respond to the needs of trade. There was nothing in the Act about price stability, intere