2min chapter

Planet Money cover image

The bank war (Classic)

Planet Money

CHAPTER

The Bank of the United States of Pennsylvania

The bank of the united states, his glorious building in filly, gets a new name. Cordelia biddle told me that at the end, nicholas biddle, this man who had, you know, pawled around with presidents, he just kind of disappeared from public life. I mean, it really is very sad, anne, because hereis this man who felt that he'd devoted his life to his country, and he's sent packing. For the next 70 years, the united states goes from panic to panic. And even after the united states government created a true central bank, the federal reserve, in the early 19 hundreds, even then this fight continued in some

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