Matthew pippen, Currency and Federal Reserve History.

By NighthawkM
  • 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

    start

    durring the civil war, the federal reserve started
  • start of open markets

    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

    Oil shock

    shortage of oil.
  • Oil shock of 1978

    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

    Anti inflation measures

    the federal reserve started to take measures on the great inflation.