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Buy custom The Progressive Era's influence on the New Deal

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Topic: History
Number of pages / Number of words: 5 / 1259
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The, a landmark legislation, the Federal Reserve Act in 12 districts would print and coin money as well as set interest rates. In this way the "Fed," as it was called, could control the money supply and effect the value of currency. The more money in circulation, the lower the value and inflation went up...


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The more money in circulation, the lower the value and inflation went up. In effect, the less money in circulation, the greater the value and this would lower inflation. Theodore's true successor, Wilson finished Roosevelt's job on the trusts and branched out towards the other deleterious aspects of the nation as well...


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