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Criticism of the Federal Reserve : ウィキペディア英語版 | Criticism of the Federal Reserve
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) has faced various criticisms. The system was established on December 23, 1913, as a third attempt at central banking in the United States. The financial panic of 1907 persuaded many Americans that their banking structure needed a reform. Hence the introduction of the Federal Reserve System via the Federal Reserve Act. ==Creation== (詳細はFederal Reserve Act was drafted in 1910 on Jekyll Island, Georgia, by Republican Senator Nelson Aldrich, chairman of the National Monetary Commission, and several Wall Street bankers. The final version, with provisions intended to improve public oversight and weaken the influence of the New York banking establishment, was drafted by Democratic Congressman Carter Glass of Virginia. The structure of the Fed was a compromise between the desire of the bankers for a central bank under their control and the desire of president Woodrow Wilson to create a decentralized structure under public control.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Criticism of the Federal Reserve」の詳細全文を読む
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