United States monetary system

E553260

The United States monetary system is the national framework for issuing, regulating, and managing the country’s currency, including its historical transition from bimetallism to a primarily gold- and later fiat-based standard.

All labels observed (3)

How this entity was disambiguated

Statements (73)

Predicate Object
instanceOf monetary system ⓘ
abandonedGoldConvertibilityDomestic 1933 ⓘ
abandonedGoldConvertibilityInternational 1971 ⓘ
backingType full faith and credit of the United States government ⓘ
centralBank Federal Reserve System ⓘ
country United States of America ⓘ
currencyCode USD ⓘ
linked to: US dollar
currentFeature fiat currency not redeemable for commodities ⓘ
floating exchange rate ⓘ
fractional reserve banking ⓘ
currentStandard fiat money system ⓘ
denominationSystem decimal ⓘ
historicalCrisis 2007–2009 financial crisis ⓘ
Great Depression banking crisis ⓘ
linked to: Great Depression

Savings and loan crisis ⓘ
historicalFeature Bretton Woods fixed exchange rate system ⓘ
bimetallic standard with fixed gold–silver ratio ⓘ
gold coinage ⓘ
silver coinage ⓘ
historicalStandard bimetallism ⓘ
gold standard ⓘ
includesInstitutionType commercial banks ⓘ
credit unions ⓘ
primary dealers ⓘ
savings institutions ⓘ
includesPaymentInstrument checks ⓘ
coins ⓘ
credit cards ⓘ
debit cards ⓘ
electronic transfers ⓘ
paper currency ⓘ
includesPaymentSystem Automated Clearing House ⓘ
Fedwire Funds Service ⓘ
check clearing system ⓘ
introducedCurrency United States dollar ⓘ
linked to: US dollar
introducedCurrencyYear 1792 ⓘ
legalBasis Bank Secrecy Act of 1970 ⓘ
linked to: Bank Secrecy Act

Bretton Woods Agreements Act of 1945 ⓘ
Coinage Act of 1792 ⓘ
Coinage Act of 1965 ⓘ
Dodd–Frank Wall Street Reform and Consumer Protection Act ⓘ
Federal Reserve Act of 1913 ⓘ
Gold Reserve Act of 1934 ⓘ
linked to: Gold Reserve Act

United States Constitution Article I Section 8 ⓘ
legalTender Federal Reserve Note ⓘ
United States coinage ⓘ
monetaryAuthority Board of Governors of the Federal Reserve System ⓘ
Federal Open Market Committee ⓘ
monetaryPolicyGoals maximum employment ⓘ
moderate long-term interest rates ⓘ
price stability ⓘ
monetaryPolicyTool discount rate ⓘ
forward guidance ⓘ
interest on reserve balances ⓘ
reserve requirements ⓘ
moneySupplyMeasures M0 ⓘ
M1 ⓘ
M2 ⓘ
M3 (discontinued official publication) ⓘ
primaryMonetaryPolicyTool open market operations ⓘ
regulator Federal Reserve System ⓘ
United States Congress ⓘ
United States Department of the Treasury ⓘ
subunit cent ⓘ
subunitValue 1 dollar = 100 cents ⓘ
supervisoryAgency Consumer Financial Protection Bureau ⓘ
Federal Deposit Insurance Corporation ⓘ
National Credit Union Administration ⓘ
Office of the Comptroller of the Currency ⓘ
treasuryAgency Bureau of Engraving and Printing ⓘ
United States Mint ⓘ
unitOfAccount dollar ⓘ
usesCurrency United States dollar ⓘ
linked to: US dollar

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Coinage Act of 1873 → appliesTo → United States monetary system ⓘ
Coinage Act of 1837 → partOf → United States monetary history ⓘ
linked to: United States monetary system
Union shield (2010–present) → usedIn → United States dollar currency system ⓘ
linked to: United States monetary system