| Section 16: Price stability: Goal of the Fed | Previous Section | Main Menu |
| The Fed was founded in response to recurring banking problems, but the Fed’s mission has now expanded into fostering a healthy economy. By focusing on price stability, the Fed can create an environment in which the economy can grow at a sustainable rate. | ||
| Inflation is the worst enemy of a stable economy | ||
 100 quintillion pengö, Hungary, 1946 |
 10 million pengö, Hungary, 1945 |
 2,000 yuan, China, 1942 |
 One million yuan, China, 1949 |
 1,000 won, Korea |
 50,000 marks, Poland, 1922 |
 100,000 rubles, Russia, 1921 |
 100,000 drachmas, Greece, 1944 |
 Five million drachmas, Greece, 1944 |
 One shilling, Austria, 1924 |
 Three million marks, Germany, October 11, 1922 |
 1,000 rubles, Russia, 1919 |
 10,000 kronen, Austria, November 2, 1918 |
 Five groszy, Poland, 1924 |
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