The Malcontents' major complaints were that the Trustees had placed too many limitations on the ownership of land, the right to make and to buy alcohol, and the right to own slaves. B
Answer:
The answer is A my friend
Explanation:
Answer:
A. He created the Federal Reserve System, which allowed the government to control the flow of money in the country.
Explanation:
The federal Reserve enable the central government to print /create the money that circulated in the country. This ability give the power to the central government to control the rate of inflation/deflation the country.
For example, If the country is experiencing inflation, the central government could reduce the amount of printed money. By doing this, the value of money circulated in the country will gradually increase and the rate of inflation be reduced.
Look at the chart that I have attached. The low point was between 55 or 60 to 381. When you look at something like Bitcoin, that doesn't look like it was very much, but there are two things that you really have to keep in mind.
1. Most people had only about 10% of the price of the stock covered. What that means is that if a stock cost 100 dollars, most people had only 10 dollars holding it down. The rest was put up by the bank. The market was doing such crazy things that I don't even think the banks checked into your credit. The stock was holding down what you owed. The bank only got its share when you sold. Preposterous!!! It sure was.
2. The second thing is that the numbers I've given you were the Dow Jones Industrial Average. That's the cream of the cream on the NY stock exchange. Who knows what was going on with companies that were not that big. They were what the economic writers would have called "Good Speculations," which translated into "go mortgage your house, sell your furniture, back up the truck (and then sell it too) and buy xzy. You'll never be broke again."
That by the way is why bitcoin and all its relatives is so dangerous.