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Period: to
WW1
the reserve helped make trade goods to Europe to help the war without needing to be in direct war. until america declared war on Germany, then the reserve funded Americas war. -
start
durring the civil war, the federal reserve started -
start of open markets
The federal reserve saw the potential in open markets and how it could be used to fund the federal reserve and it allowed relations with other nations. -
Period: to
the great depreshon
during this time america when into the greatest depression, hence the name. due to this 10,000 banks failed. -
Period: to
Great inflashon
This caused 2 major energy sortages and inflated the doller. -
Oil shock
shortage of oil. -
Oil shock of 1978
Another oil shortage -
Period: to
The great moderation
this was a calm time for the FED reserve after the great inflation. -
Period: to
The Great recssion
Housing has stopped being build so financial problems arise. Several large financial firms experience financial distress. -
Anti inflation measures
the federal reserve started to take measures on the great inflation.
