The Federal Reserve

"The Fed"

"The Fed"

--Purpose

-Keep the economy stable with enough money to go around.

--Regulation

-They keep and store money at the federal reserve banks as a supply if they need to put more money out into the economy.

--Supervision

-The Fed has massive storehouses in unknown places where they stash some of the money from the economy. They will add or subtract money from the economy determined per month.

--District Banks

-Picture Below

Big image

The Board Of Governors

The Board of Governors is a group of 12 people that all meet once a month at the Location With a star on the map. This is the Fed bank in Washington D.C. This is where the board meets with the president of the fed and discusses issues in the economy.

FOMC (Federal Open Market Committee)

This is a group of people that go out to the banks and inspect that they are following all the guidelines.

Bureau Of Engraving & Printing

This is a place in Washington D.C. that prints all the nations currency. They are told to print the currency from the Fed. Then they print the money and send it off to the Fed.

U.S. Mint

The main mint is located in Phillidelphia. It Stamps some of our nations coin currency.