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History of the Central Bank

History of the Central Bank

Author: Dan Laub

This lesson covers the History of the Central Bank

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History of The Central Bank

Source: SOURCE: Image of Federal Reserve Board of Governors Creative Commons; Image of Old Map of The United States Public Domain; SOURCE: Image of Old One Hundred Dollar Note Public Domain

Terms to Know
Central Bank

A central banking authority that is typically charged with the regulation of money supply and interest rates.


A portion of deposits required to be held by a bank; reserves usually are kept to maintain reserve requirements, as set by the Fed.