In 1913, the creation of the Federal Reserve was a cause of heated political debate.
Robert Owen was the Chairman of the Senate Committee on Banking and Currency, and co-sponsored the legislation cre...
Owen argued that the Fed was better served to control the money supply than private banks, because it acts from:
“An altruistic standpoint in service of all our people” 😅
“An altruistic standpoint in service of all our people” 😅
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