How many stars are on the flag of the country that owns the institution responsible for monetary policy in the U.S.?
fifty
Title: Federal Reserve
Passage: The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
Title: European Central Bank
Passage: The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. It is one of the world's most important central banks and is one of the seven institutions of the European Union (EU) listed in the Treaty on European Union (TEU). The capital stock of the bank is owned by the central banks of all 28 EU member states.[dated info] The Treaty of Amsterdam established the bank in 1998, and it is headquartered in Frankfurt, Germany. As of 2015[update] the President of the ECB is Mario Draghi, former governor of the Bank of Italy, former member of the World Bank, and former managing director of the Goldman Sachs international division (2002–2005). The bank primarily occupied the Eurotower prior to, and during, the construction of the new headquarters.
Title: Flag of the United States
Passage: United States of America Names The American flag, The Stars and Stripes; Red, White, and Blue; Old Glory; The Star - Spangled Banner; US flag; United States flag Use National flag and ensign Proportion 10: 19 Adopted June 14, 1777 (original 13 - star version) July 4, 1960 (current 50 - star version) Design Thirteen horizontal stripes alternating red and white; in the canton, 50 white stars of alternating numbers of six and five per horizontal row on a blue field
Title: Lawrence H. White
Passage: Lawrence H. White (born November 27, 1954) is an American economics professor at George Mason University who teaches graduate level monetary theory and policy. He is considered an authority on the history and theory of free banking. His writings support the abolition of the Federal Reserve System and the promotion of private and competitive banking.
Title: Euro
Passage: The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the Eurosystem (composed of the central banks of the eurozone countries). As an independent central bank, the ECB has sole authority to set monetary policy. The Eurosystem participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the eurozone payment systems.
Title: Flag of the United States
Passage: The flag of the United States of America, often referred to as the American flag, is the national flag of the United States. It consists of thirteen equal horizontal stripes of red (top and bottom) alternating with white, with a blue rectangle in the canton (referred to specifically as the ``union '') bearing fifty small, white, five - pointed stars arranged in nine offset horizontal rows, where rows of six stars (top and bottom) alternate with rows of five stars. The 50 stars on the flag represent the 50 states of the United States of America, and the 13 stripes represent the thirteen British colonies that declared independence from the Kingdom of Great Britain, and became the first states in the U.S. Nicknames for the flag include The Stars and Stripes, Old Glory, and The Star - Spangled Banner.
Title: Monetary policy of the United States
Passage: Monetary policy concerns the actions of a central bank or other regulatory authorities that determine the size and rate of growth of the money supply. For example, in the United States, the Federal Reserve is in charge of monetary policy, and implements it primarily by performing operations that influence short - term interest rates.
Title: Flags of the Confederate States of America
Passage: Confederate States of America The first national flag of the Confederate States of America with 13 stars Name ``The Stars and Bars ''Use National flag Adopted March 4, 1861 (first 7 - star version) November 28, 1861 (final 13 - star version) Design Three horizontal stripes of equal height, alternating red and white, with a blue square two - thirds the height of the flag as the canton. Inside the canton are white five - pointed stars of equal size, arranged in a circle and pointing outward. Designed by Nicola Marschall The second national flag of the Confederate States of America Name`` The Stainless Banner'' Use National flag Proportion 1: 2 Adopted May 1, 1863 Design A white rectangle two times as wide as it is tall, a red quadrilateral in the canton, inside the canton is a blue saltire with white outlining, with thirteen white five - pointed stars of equal size inside the saltire. The third national flag of the Confederate States of America. Name ``The Blood - Stained Banner ''Use National flag Proportion 2: 3 Adopted March 4, 1865 Design A white rectangle, one - and - a-half times as wide as it is tall a red vertical stipe on the far right of the rectangle, a red quadrilateral in the canton, inside the canton is a blue saltire with white outlining, with thirteen white five - pointed stars of equal size inside the saltire. Designed by Arthur L. Rogers
Federal Reserve Monetary policy of the United States Flag of the United States