How would the Fed go about "pegging" the interest rate on Treasury securities, as it did during World War II? What would be the consequences of pegging the monetary base?

Question

Quizplus · Accepted Answer

The Answer of How would the Fed go about "pegging" the interest rate on Treasury securities, as it did during World War II? What would be the consequences of pegging the monetary base?

How Would the Fed Go About "Pegging" the Interest Rate