Charted below is the baby name popularity of Shelly for girls. Shelly entered the list in 1950-1959 and reached its apex position of #115 in the U.S. during 1960-1969, but is not in the Top 1000 at the moment.harted below is the baby name popularity of Shelly for girls. Shelly entered the list in 1950-1959 and reached its apex position of #115 in the U.S. during 1960-1969, but is not in the Top 1000 at the moment.
Money supply increases. When the FED sells government securities, it decreases bank reserves because money is being taken out of the system to purchase the government securities. Money supply decreases. The federal reserve system's main goal is to control the money supply. It does this by changing the reserves of the banks through three methods. <br /><b>1.
Summary. The Federal Reserve Act of 1913 created the Federal Reserve System that serves as the central bank for the United States. The Fed sets and implements the nation's monetary policy. A Board of Governors that consists of seven members, including a chairman, runs the Fed.he Federal Reserve Act was enacted in response to a series of financial crises. The intent of the Act was to create a degree of financial stability. The Act empowers the Fed to regulate and supervise banks and to develop and implement monetary policy.