"wherever the standard of freedom and independence has been or shall be unfurled, there will be america’s heart, her benedictions and her she goes not abroad in search of monsters to destroy. she is the well-wisher to the freedom and independence of all. she is the champion and vindicator only of her own."

Gif the public and community loses trust in banks it affects the entire u.s. financial system. in order to keep this type of financial contagion from happening, the fed makes as needed short-term emergency loans, by acting as the lender of last resort. guides and regulates private deposit insurance programs to cover insolvent bank losses. decreases the money supply as acting lender of last resort.

The economic crash that began in 1929 was called the great recession, great depression, great slump, great revolution

What political traditions and tensions first appeared in the early years of the new republic? essay