Tag: financial system

  • Federal Reserve & Monetary Policy: Glimpse of Its History

    Source Link: https://analyzingalpha.com/federal-reserve-history The Federal Reserve, the central banking system of the United States, was created as part of the Federal Reserve Act of 1913. Now, let’s look at its history and how it constantly improved to create a stable financial system in the US. 1775 – 1791: Continentals (The First Paper Money) Between 1775…