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Motivations for a Federal Reserve. Matt Shuman Tuesday 12-3, April 15 th. Monopoly. Initially “The Landlord’s Game” Conceived in 1906 Showcases negative aspects of concentrating property into monopolies. http://en.wikipedia.org/wiki/Monopoly_(game). www.halloffamememorabilia.com.

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motivations for a federal reserve

Motivations for a Federal Reserve

Matt Shuman

Tuesday 12-3, April 15th

monopoly
Monopoly
  • Initially “The Landlord’s Game”
  • Conceived in 1906
  • Showcases negative aspects of concentrating property into monopolies

http://en.wikipedia.org/wiki/Monopoly_(game)

www.halloffamememorabilia.com

1907 panic
1907 Panic
  • Easter in Bend
    • Carnegie
    • J.P. Morgan
    • Rockefeller
  • Elisha and the bears
  • 1907 Crash -24.4%
  • DotCom Crash -27.7%
  • Housing Crash -50%

DJI 14000 -> 7000

www.theodorerooseveltcenter.org published May 8th, 1907

federal reserve
Federal Reserve
  • Founded in 1913
  • Independent of Congress
  • Board members span administrations
  • Provides stability!

http://en.wikipedia.org/wiki

http://en.wikipedia.org

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