The Federal Reserve came into existence on Dec. 23, 1913, with President Woodrow Wilson’s signing of the Owen Glass Act. The purpose of its inception was to provide a sound dollar and minimize the shocks and panics of the business cycle in the market. Big oof!
Hundred Years of Failure, Time to End The Fed
Hundred Years of Failure, Time to End The Fed
Hundred Years of Failure, Time to End The Fed
The Federal Reserve came into existence on Dec. 23, 1913, with President Woodrow Wilson’s signing of the Owen Glass Act. The purpose of its inception was to provide a sound dollar and minimize the shocks and panics of the business cycle in the market. Big oof!