FDIC (Federal Deposit Insurance Corporation) (7 St. 48 Min, 1 Jan 1933 Jahr – 11 St. 44 Min, 20 März 1933 Jahr)
Beschreibung:
~insures customer deposits if a bank fails
~by 2008 each depositor's basic accounts in bank were insured up to 250,000$
~federal legislation severely restricted peoples' ability to redeem dollars for gold
~currency then became fiat money backed only by the government's decree
~this happened so that the Federal Reserve could maintain a money supply
Zugefügt zum Band der Zeit:
The history of american banking
Datum:
