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warburg

2 matching events · November 15, 1923 → December 23, 1913

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November 15, 1923 Finance

Before Hitler: How Big Banks and Financiers Profited from High Interest Rates

Before Hitler rose to power, major banks and financiers profited from high interest rates in Germany. During the Weimar Republic, government bonds often carried 6-10% nominal rates. Banks...

banks bonds currency debt economists europe

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December 23, 1913 Finance

Creation of the Federal Reserve System

Washington D.C. · Washington · District of Columbia · United States

The creation of the Federal Reserve System on December 23, 1913, established the central banking authority of the United States. It was enacted through the Federal Reserve Act, signed int...

alderich banking centralbank congress currency economy

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