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Local Banks, the Federal Reserve, and the Modern-Day Bank Run

federal reserve

In 1913, a US Senator from the Kansas City, Missouri area flipped his vote, and the Federal Reserve System was created. Senator James A. Reed gave us central banking with 12 autonomous ...

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Kansas City’s James A. Reed and his rise to power

reed

The list of Kansas City Mayors is a colorful one, with the likes of Gage, Reed, Barnes, Cowherd, and Clever, but none were as colorful as James A Reed. A Pendergast man, ...

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