The History of...

33. Fractional-Reserve Banking (Quick History)


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Proverbs 22:7 "The rich rule over the poor, and the borrower is slave to the lender."

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Resources:

Definition of FR Banking 

Explaining FR Banking

Definition of Full Reserve Banking

Alexander Hamilton

Keesee, T., & Sidwell, M. (2012). United States History Fourth Edition. Greenville, SC: BJU Press.

About the Panic of 1873

Another Source About the Panic of 1873

About the Panic of 1907

Federal Reserve Act

About the Federal Reserve Act

History of the Fed

Griffin, G. E. (2010). The Creature From Jekyll Island. Westlake Village, California: American Media.

About the Gold Standard

About the 1944 Bretton Woods Agreement

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The History of...By Robert Lakatosh

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