In the first volume of his history of the Federal Reserve System, Allan Meltzer titled one of

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In the first volume of his history of the Federal Reserve System, Allan Meltzer titled one of his chapters “Under Treasury Control, 1942–1951.” Why would Meltzer have considered the Fed to have been under Treasury control during those years?

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Money Banking And The Financial System

ISBN: 1801

3rd Edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 10:48 AM

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In the first volume of his history of the Federal Reserve System, Allan Meltzer titled one of

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The Fed did not operate independently of the Treasury during the 19421951 period b...View the full answer

Money Banking And The Financial System

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