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jan 1, 1913 - Federal Reserve Act

Description:

The Federal Reserve Act of 1913 establishes the Federal Reserve as the nation’s central bank and provides for a national banking system that is more responsive to the fluctuating financial needs of the country. The Federal Reserve Board issues new currency called Federal Reserve notes.

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Money History

ByCollin Miller
8 Feb 2020
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Date:

jan 1, 1913
Now
~ 112 years ago
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