The original goal of the Fed's founders was to prevent the
A)supply of money from increasing too rapidly.
B)supply of money from decreasing during downturns.
C)possibility of hyperinflation.
D)possibility of interest rates falling too rapidly.

Question

Quizplus · Accepted Answer

The Federal Reserve was established to provide a safer, more flexible, and stable monetary and financial system, particularly to address issues like bank runs and to ensure liquidity during economic downturns.

The Original Goal of the Fed's Founders Was to Prevent