When the Federal Reserve was founded in 1913, most other industrialized countries around the world had already operated central banks for generations. The Riksbank was founded in 1668, for example, and the Bank of England in 1694.
When the Federal Reserve was founded in 1913, most other industrialized countries around the world had already operated central banks for generations. The Riksbank was founded in 1668, for example, and the Bank of England in 1694.