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To: Califreak
Lincoln and Kennedy tried to end the Fed

There was no Fed or any other Central Bank from 1837 to 1913. During the Civil War the 'National Banking Act' was passed which established 'National' Banks which required banks thus certified meet higher standards but they did not constitute anything like a Central Bank or Federal Reserve.

1,691 posted on 01/22/2019 8:18:26 AM PST by pgkdan (The Silent Majority STILL Stands With TRUMP! WWG1WGA)
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To: pgkdan

“There was no Fed or any other Central Bank from 1837 to 1913. During the Civil War the ‘National Banking Act’ was passed which established ‘National’ Banks which required banks thus certified meet higher standards but they did not constitute anything like a Central Bank or Federal Reserve.”

Thanks.

I thought I read something about standardized currency as well.


1,704 posted on 01/22/2019 5:33:41 PM PST by Califreak (If Obama had been treated like Trump the US would have been burnt down before Inauguration Day)
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