This is an exploration of the Federal Reserve System. Examines the history, purpose, and structure including: central banking, Federal Reserve Act, Federal Open Market Committee, History of central banking in the United States, bank run, fractional-reserve banking, Structure of the Federal Reserve System, Monetary policy of the United States, Criticism of the Federal Reserve, and much more.Project Webster represents a new publishing paradigm, allowing disparate content sources to be curated into cohesive, relevant, and informative books. To date, this content has been curated from Wikipedia articles and images under Creative Commons licensing, although as Project Webster continues to increase in scope and dimension, more licensed and public domain content is being added. We believe books such as this represent a new and exciting lexicon in the sharing of human knowledge.
