Why did Congress decide to establish the Federal Reserve System in 1913?

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Essentials Of Economics

ISBN: 9780134797731

6th Edition

Authors: R. Glenn Hubbard, Anthony Patrick O brien

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Question Posted: Mar 17, 2024 02:00 PM

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Why did the United States have no central bank between 1836 and 1913? Why did Congress decide to establish the Federal Reserve System in 1913?
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Why did Congress decide to establish the Federal Reserve System in 1913?

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The Federal Reserve System was established by Congress in 1913 through the Federal Reserve Act The d...View the full answer

Essentials Of Economics

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