TITLE

Making the Dollar Worth More

PUB. DATE
June 1953
SOURCE
Time;6/8/1953, Vol. 61 Issue 23, p98
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article considers the effort of the administration of U.S. President Dwight Eisenhower to control a semi-war economy by fiscal and credit means. The Federal Reserve Board (FRB) is expected to carry the major burden in the project. The tools available to FRB in order to perform its function to maintain an orderly market for government securities and regulate private and public credit in the country are cited. It notes the collaboration of the Treasury with FRB to reduce credit expansion.
ACCESSION #
54172450

 

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