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Why was their a power struggle between the NY Fed branch and the Fed board of directors? Who was Benjamin Strong?
The NY branch was protesting for expansionary monetary policy while the Board refused.
Benjamin Strong was the former president of the NY Fed and preached expansionary policy, but died in 1928.
Benjamin Strong was the former president of the NY Fed and preached expansionary policy, but died in 1928.
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 11.12.2010