Whoa established the National Bank and what is the goal of the bank?

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Whoa established the National Bank and what is the goal of the bank?

2007-12-02 08:54:32 · 3 answers · asked by Anonymous in Politics & Government ➔ International Organizations

3 answers

The US congress established the National Bank, known as the federal reserve bank. The goal of the bank to to help regulate the economy through lowering or increasing interest rates, controling the flow of money, and keeping inflation in check. Their primary goal is a stable and robust economy.

2007-12-02 13:40:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋

National Bank is established to supervise the overall banking operations of the country and make it the official depository of the government.

2007-12-03 19:57:43 · answer #2 · answered by FRAGINAL, JTM 7 · 0⤊ 0⤋

The Congress in 1913 becuase of private banks.

2007-12-02 08:59:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋