The Federal Reserve Act was signed into law by President Woodrow Wilson right before Christmas, 1913. Some conspiracy theorists have argued that the bill was written in secret and dropped on an unsuspecting Wilson suddenly to avoid public scrutiny. They're wrong.
This is episode 11 of Dollars & Debt: The Story of Money from Benjamin Franklin to Occupy Wall Street, a series on US financial history created by Athens Politics Nerd.
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Watch Episode 12: [ Ссылка ]
SOURCES
America's Bank: The Epic Struggle to Create the Federal Reserve by Roger Lowenstein
A Financial History of the United States by Margaret Myers
Money: Whence it Came, Where it Went by John Kenneth Galbraith
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