The First Mac Predates Modern Central Banking
Tom Tunguz
NOVEMBER 13, 2023
It was en vogue like Panama Hats & frock coats , but the US had no central bank to coordinate a bail-out. I’ve been reading to understand the history of the Fed & found some surprising facts from these two books : The Repo Market & Broken Money. The US Federal Reserve Banking system is about 115 years old.
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