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The Federal Reserve Act of 1913 established the official currency of the United States: the Federal Reserve Note. Commonly called the dollar, the new note
The Federal Reserve Act of 1913 established the official currency of the United States: the Federal Reserve Note. Commonly called the dollar, the new note which was nothing more than legal tender with no intrinsic value, established by the government has remained the official form of currency in the U.S. ever since. True False
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