In order to advance economically, the government of any region must make efforts to create forms of buying power. There are various ways in which this situation could be approached. In the United States, one of the most powerful institutions with the ability to do this is the Federal Reserve System. The Fed is responsible for enforcing many of the federal laws that protect consumers in their dealings with state-chartered banks that are members of …showed first 75 words of 1793 total…

…showed last 75 words of 1793 total…Reserve System is great. Without it the United States would not be the economic superpower that it is today. The country's methods of creating and distributing buying power have proven to be quite successful, as the economy has been booming for years. By using simple methods that allow the economy to almost naturally stimulate itself, there is less chance of a negative outside interference, which would explain the long-term prosperity that the nation has experienced.