Benjamin Strong

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Benjamin Strong

American banking official

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Great Depression
Banking panics and monetary contraction
…the death in 1928 of Benjamin Strong, who had been the governor of the Federal Reserve Bank of New York since 1914, was a significant cause of this inaction. Strong had been a forceful leader who understood the ability of the central bank to limit panics. His death left a…
Read More
…the death in 1928 of Benjamin Strong, who had been the governor of the Federal Reserve Bank of New York since 1914, was a significant cause of this inaction. Strong had been a forceful leader who understood the ability of the central bank to limit panics. His death left a…
Read More