Banking History of the United States. Two centuries of lessons on money and crisis
Keywords:
Banking History, United States, Banking CrisesAbstract
Two centuries of evolution in the American banking system offer valuable insights into the money created by banks, its role as a means of payment, and its fragility. This article encapsulates this historical journey, focusing on the significant impact that bank opacity and government guarantees appear to have on the efficiency and stability of banks and payment methods.
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References
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