Find solutions to your problems with the help of IDNLearn.com's knowledgeable users. Our platform is designed to provide reliable and thorough answers to all your questions, no matter the topic.
Among leaders of the federal reserve, differences of opinion also existed about whether to help and how much assistance to extend to financial institutions that did not belong to the federal reserve. some leaders thought aid should only be extended to commercial banks that were members of the federal reserve system. others thought member banks should receive assistance substantial enough to enable them to help their customers, including financial institutions that did not belong to the federal reserve, but the advisability and legality of this pass-through assistance was the subject of debate. only a handful of leaders thought the federal reserve (or federal government) should directly aid commercial banks (or other financial institutions) that did not belong to the federal reserve. one advocate of widespread direct assistance was eugene meyer, governor of the federal reserve board, who was instrumental in the creation of the reconstruction finance corporation. –"the great depression," gary richardson what major topic of disagreement among federal reserve leaders contributed to the great depression?
A. how to fund the federal reserve
B. how to help banks in other countries
C. how to provide assistance to investors
D. how to assist us banks or whether to help at all
Sagot :
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.