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Card IX-1: CENTRAL BANK DAY – President Woodrow Wilson signs the Federal Reserve Act. It creates the Federal Reserve System, which will go on to play a central role in monetary policy. Two days before Christmas.

Anniversary · 23 December · THE ARCHIVE

President Woodrow Wilson signs the Federal Reserve Act. It creates the Federal Reserve System, which will go on to play a central role in monetary policy. Two days before Christmas.

CENTRAL BANK DAY · FEDERAL RESERVE ACT · 23.12.1913

Turn it over, answer, sign – free, no account.

Source

Fact · Federal Reserve History, “Federal Reserve Act Signed into Law”, 23 December 1913

Open source · federalreservehistory.org ↗

The question on the back

Who decides what your savings will be worth next year?