Explain the primary reasons for the establishment of the federal reserve system. who established the fed, and when was it created?

It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law

The Federal Reserve System was established in order to regulate banks and control the nations money supply. The Federal Reserve System was established by the US Congress in 1913.

an orange

Explanation:

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