13 dic 1913 año - Federal Reserve Act
Descripción:
Banks required to keep a reserve of deposits to insulate from unanticipated losses. Om addition, the system governed by a board that would set the rates that banks have to give to the reserves. This gave the board the power to stimulate the economy during depression by lowering interest rates.
Añadido al timeline:
fecha:
13 dic 1913 año
Ahora mismo
~ 110 years ago