Events
Federal Reserve Act is PassedThe Gold Standard ActBank Holiday Declared by President F. RooseveltThe National Bank Act was PassedThe Banking Act was passed, which established the Federal Deposit Insurance Corporation (FDIC).President Nixon officially ends the Gold StandardTo help fund the Civil War, Congress printed “greenbacks”The U.S. began to abandon the Gold Standard byBank Fails of 2008Periods
The Continental Congress Issued Continental CurrencyThe Free Banking EraCalifornia Gold Rush increases amount of gold coins
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