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The First Bank of the United States was needed because the government had a debt from the Revolutionary War, and each state had a different form of currency.
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The Second Bank of the U.S. was chartered in 1816 with the same responsibilities and powers as the First Bank.
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Prior to the Civil War, banks printed paper money.
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The National Banking Act of 1863 was a United States federal banking act that established a system of national banks for banks, and created the United States National Banking System.
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This is an Act of Congress that created and established the Federal Reserve System and granted it the legal authority to issue Federal Reserve Notes
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As the economic depression deepened in the early 30s, and as farmers had less and less money to spend in town, banks began to fail at alarming rates.
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This act limited commercial bank securities activities and affiliations within commercial banks and securities firms.
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The stock market was a mess in the 1970's. The easy-money policies of the American central bank, which were designed to generate full employment, by the early 1970s, also caused high inflation.
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By mid-1982, the number of bank failures was rising steadily.
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This act commonly pronounced ″glibba", which s an act of the 106th United States Congress.
