The Federal Reserve (the Fed) is the central banking system of the United States. One of it functions is to manage the nation's money supply through monetary policy in order to maintain the stability of the financial system and the economy.
The Fed had the power<em> to increase the money supply</em>. If the Fed believes that the economy is operating well below its potential level of output, the money supply is <em>increased in order to stimulate the output and employment</em>. Output is the quantity of services and goods produced.
To increase the money supply means that people will have <em>more or excess</em> <em>money</em> to spend. Consumption will <em>increase</em>, people will demand more goods and services. Some may want to deposit the excess money in banks making the bank's excess reserves richer ( banks will own more money). If the banks own more money, they are willing to lend more. Banks will<em> lower</em> <em>interests rates</em> to motivate borrowing.
As the result of increased consumption and investment ( more money available, lower interests rates ) the country's<em> GDP will increase</em>. GDP is the market value of all the goods and services produced in the USA during a specific time.
Which nation? I take it you mean the United States or Great Britain?
Because a few people, unless they invest their money into capital, can only buy so much. How do you justify the purchase of multi million dollar race horses. Who benefits from such a purchase?
How do you justify the purchase of a mansion with 12 bathrooms? Who needs such a place except a family of 13 children and 2 parents?
However, if they are conscientious and spend on capital and business interests, they put their wealth to work and and create jobs which helps many people.
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The main exports from Latin America are agricultural products and natural resources such as copper, iron, and petroleum.
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"weary of the 'Negro Question'" and "'sick of carpet-bag' government." are related to the same political, social end economical event that happened in the USA after the end of the Civil War: The Reconstruction era. Congressional Reconstruction included the stipulation that to reenter the Union, former Confederate states had to ratify the Fourteenth and Fifteenth Amendments. Congress also passed the Military Reconstruction Act, which attempted to protect the voting rights and civil rights of African Americans. Former Confederates resented the new state constitutions because of their provisions allowing for black voting and civil rights, where we can explain the "weary of the 'Negro Question'". Carpetbaggers were northerners who allegedly rushed South with all their belongings in carpetbags to grab the political spoils were more often than not Union veterans who had arrived as early as 1865 or 1866, drawn South by the hope of economic opportunity and other attractions that many of them had seen in their Union service. Many other so-called carpetbaggers were teachers, social workers, or preachers animated by a sincere missionary impulse.
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