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The Jekyll Island Secret Meeting (1910) w/ Jacob Goldstein

This Day

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Jekyll Island Plan - Can We Do This Without It Being So Central?

The original plan for the Federal Reserve was to create 15 regional banks. The idea was that they would be private, not government banks. Jacob Hacker: I think this is the moment right after the populist movement had mobilized so much anti-banking and anti-banker animus that it was a particularly bad look at this point in US history.

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