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Understand the Federal Reserve in Minutes #XRP现货ETF将上线
1. The Federal Reserve is the central bank of the United States, responsible for banking and monetary policy.
2. The Federal Reserve was not established at the founding of the country. It was founded in 1913, while the United States was founded in 1776. This is because Americans fundamentally did not trust centralized authority.
3. Before the Federal Reserve, the U.S. had two temporary central banks: the First Bank of the United States and the Second Bank of the United States. They were responsible for raising funds for wars but only exis

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