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6 September, 23:44

The federal reserve system was created in 1913 to

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  1. 7 September, 00:08
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    "The Federal Reserve System established"

    Explanation:

    It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises
  2. 7 September, 00:10
    0
    to provide the nation with a safer, more flexible, and more stable monetary and financial system
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