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April 1, 2024
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dec 23, 1913 - Federal Reverse System

Description:

A major reform of the American financial and banking system occurs with the authorization of the U.S. Congress for the establishment of the Federal Reserve System. More people start using credit and there is more money flow in the economy, but not a difference in inflation.

Added to timeline:

16 Dec 2018
0
0
580
The Good ol' Days 2018

Date:

dec 23, 1913
Now
~ 110 years ago
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