""Credit Policies of the Federal Reserve System"" is a comprehensive book written by Charles Oscar Hardy that delves into the intricacies of the credit policies of the Federal Reserve System in the United States. The book provides an in-depth analysis of the Federal Reserve's role in regulating the country's financial system and the impact of its credit policies on various sectors of the economy. The book covers a broad range of topics, including the history of the Federal Reserve System, the structure of the Federal Reserve banks, the functions of the Federal Reserve, the tools used by the Federal Reserve to implement credit policies, and the effects of these policies on inflation, employment, and economic growth. The author presents a detailed examination of the Federal Reserve's monetary policy, including the use of open market operations, discount rates, and reserve requirements. He also discusses the role of the Federal Reserve in regulating the banking system, including its oversight of banks' lending practices, capital requirements, and risk management.The book is written in a clear and concise style, making it accessible to both students and professionals in the field of finance and economics. It provides a valuable resource for anyone seeking to understand the workings of the Federal Reserve System and its impact on the U.S. economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.