America’s Bank. Book Summary

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Roger Lowenstein

What’s inside

This historical narrative details the contentious creation of the Federal Reserve System in the United States, highlighting the key figures and political battles that paved the way for America’s central banking system.

You’ll Learn

  • Understanding the origins of the U.S. financial system
  • Learning about the interplay between politics and economics
  • Gaining insights into the legislative process in America
  • Appreciating the historical context of modern banking

Key Points

  • The chaotic financial state before the Fed
  • The Jekyll Island secret meeting
  • The clash of financial titans
  • The legislative journey of the Federal Reserve Act
  • Woodrow Wilson’s pivotal role
  • The Fed’s impact on American banking
  • The legacy of the Federal Reserve System

Who’s it For

  • History enthusiasts
  • Economics students
  • Banking professionals
  • Policy makers
  • Financial historians

About the author

Roger Lowenstein is a financial journalist and writer known for his deep insights into the complexities of finance and economy.