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Sladkaya [172]
3 years ago
13

Would the federal reserve

History
1 answer:
Masteriza [31]3 years ago
8 0

Answer:

If the US did not have a federal reserve or any central bank, the banking system wouldn't be supervised and money would be lent to wrong people. Borrowing could go out of hand as there wouldn't be a monetary policy which increases or decreases interest rates to control borrowing.

Explanation:

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