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- Title
A COMMENT ON "THE FEDERAL HOME LOAN BANK SYSTEM AND THE CONTROL OF CREDIT"
- Authors
HAYWOOD, CHARLES F.
- Abstract
The article comments on the article "The Federal Home Loan Bank System and the Control of Credit," written by Gordon W. McKinley, published in a previous issue of the "Journal of Finance." The author discusses the ability of commercial banks to create money and also comments on the concept of money. The author explains the influence of the federal reserve on all savings intermediaries. The article also provides information on the operations of the Federal Home Loan Banks and their quantitative effect.
- Subjects
UNITED States; FEDERAL home loan banks; CREDIT control; MCKINLEY, Gordon W.; JOURNAL of Finance (Periodical); MORTGAGE banks
- Publication
Journal of Finance (Wiley-Blackwell), 1958, Vol 13, Issue 4, p542
- ISSN
0022-1082
- Publication type
Article
- DOI
10.2307/2975932