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what is the purpose of the Fed (The federal reserve system), what is the most important function of the Fed and what is the main

  1. what is the purpose of the Fed (The federal reserve system), what is the most important function of the Fed and what is the main tool they use to accomplish this?
  2. After two failed attempts at creating a central bank for the United States (First and Second Bank of the United States), in what ways did the political tide change in favor of creating the third attempt (The Federal Reserve)?

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