THe instution that allowed a stock market crash, that was expected to be another recession to turn into a depression. Bywhich should of added more money into the economy to stimulate spending, growth and eventually decrease unemployment. Failing to do this, the money supply in the banks fell short of expections, which caused a run on the banks. Which then further worsened the crisis.
The Federal Reserve controls interest rates to loans given out to banks, in order to control the money supply.
by ericandude July 6, 2008
Get the Federal Reserve mug.The man who was actually fuckin' pathetic enough to marry Britney Spears. Thinks he's gonna make fame for himself. This kills me. Hehehehe.
by Quack Quack May 31, 2005
Get the Kevin Federline mug.Related Words
Fedde
• fedded
• fedde's dick
• feddedloader
• fedded out
• Feddee14
• feddem
• feddema
• Feddemi
• fedders
Put simply, the God of tennis. You can even see that out on the court he's not even trying, and still walks away with the match. He plays ping pong on the tennis court and will eventually win the French Open.
by whoknows28 May 7, 2007
Get the roger federer mug.1) (noun) Greatest of all time.
2) (verb) To hit an impossibly hard tennis shot with seemingly little effort.
3) (noun) A man who can have any girl he wants but chooses a plain looking chub.
4) (verb) To perform a task without a modicum of emotion.
5) (adj) Robotic
2) (verb) To hit an impossibly hard tennis shot with seemingly little effort.
3) (noun) A man who can have any girl he wants but chooses a plain looking chub.
4) (verb) To perform a task without a modicum of emotion.
5) (adj) Robotic
1) Michael Jordan is the Roger Federer of Basketball.
2) Did you see me Roger Federer that ball around the net post?
3) When it comes to choosing women, Tiger Woods is no Roger Federer.
4) Keanu Reaves just Roger Federered his way through yet another movie.
5) Her dancing is uninspired and Roger Federer.
2) Did you see me Roger Federer that ball around the net post?
3) When it comes to choosing women, Tiger Woods is no Roger Federer.
4) Keanu Reaves just Roger Federered his way through yet another movie.
5) Her dancing is uninspired and Roger Federer.
by Alex Hoang December 11, 2008
Get the roger federer mug.by DaXcepted1 June 12, 2009
Get the Bottom Feeder mug.Institution that caused the great depression.
The Federal Reserve loaned out extra lines of credit to lower banks and those banks loaned out the extra credit to the people. In Capitalism there wouldn't be extra money given to banks to loan out. The banks would restrict credit and the business cycle would stablize itself.
When the economy turned bad starting in the mid 1920s people couldn't pay back all of their credit, banks lost money and failed, and the Great Depression started.
The Federal Reserve loaned out extra lines of credit to lower banks and those banks loaned out the extra credit to the people. In Capitalism there wouldn't be extra money given to banks to loan out. The banks would restrict credit and the business cycle would stablize itself.
When the economy turned bad starting in the mid 1920s people couldn't pay back all of their credit, banks lost money and failed, and the Great Depression started.
Thanks to socialist institutions like the Federal Reserve, we entered the Great Depression, only to be saved by the capitalistic industrialists of the WWII era
by Forbidden Donut July 21, 2005
Get the federal reserve mug.