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If the federal government wasn't in charge it would be a mess. That would mean there would 50 different kinds money and no rules on banks. It falls to the federal government to make sure the money is good for the United States and overseas.

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Q: Why is the federal government responsible for money and banking?
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What services are provided by the federal reserve system?

banking loans. deposits(for buisnesses and government) handles money...


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Monetary Policy is related to money and banking. This policy influences things like the Discount Rate. In the United States this is controlled by the Federal Reserve system. The Government is responsible for Fiscal Policy, which is basically making decisions about taxation and spending. In the United States this is controlled (for better or for worse) by congress.


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The Treasury


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The economic policies of the federal government from 1921 to 1929 were responsible for the nation's depression of the 1930's--assess the validity of this statement?

The economic policies of the federal government from 1921 to 1929 were not solely responsible for the nation's depression but had a large impact on it. For example, the federal government freely lent money to banks which in turned gave it to their customers.


Who does the federal reserve offer banking services to?

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