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The Expiation of the FED
Product Code:
9781494936938
ISBN13:
9781494936938
Condition:
New
$40.00
$39.07
Sale 2%
The Expiation of the FED
$40.00
$39.07
Sale 2%
The Federal Reserve Act stipulates that all of the 12 Fed banks "have reserves of gold certificates equal to 40% of Federal Reserve notes in circulation or equal to 35% of their deposits." In 1927 the Fed's original (1913 20-year franchise) was altered to read, perpetuity by the Congressional Act of February 25, 1927 (44 Stat. 1234): "To have succession after February 25, 1927 until dissolved by Act of Congress or until forfeiture of franchise of violation of law,"
| Author: James Gilmore |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Jan 08, 2014 |
| Number of Pages: 176 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1494936933 |
| ISBN-13: 9781494936938 |
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