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About: Monetary policy of the United States     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Transaction101106808, within Data Space : dbpedia.org associated with source document(s)

Type: Thingyago:Abstraction100002137yago:Act100030358yago:Commerce101090446yago:CommercialEnterprise101094725yago:Event100029378yago:Finance101098698yago:GroupAction101080366yago:PsychologicalFeature100023100yago:WikicatGovernmentFinancesInTheUnitedStatesyago:YagoPermanentlyLocatedEntityyago:Transaction101106808 New Facet based on Instances of this Class

Monetary policy of The United States concerns those policies related to the minting & printing of money, policies governing the legal exchange of currency, demand deposits, the money supply, etc. In the United States, the central bank, The Federal Reserve System, colloquially known as "The Fed" is the monetary authority. It is significant to point out that the United States uses a fiat currency as of 1933, whereas from 1873 - 1933 a precious metal standard or gold standard was in use.