The Secret and Sinister Past of the Federal Reserve
To truly understand the monumental rise of JP Morgan bank, we need to delve into its historic roots, starting with the influential role that the company and the man himself, J.P. Morgan - had in the creation of the U.S. Federal Reserve. The Panic of 1907 was a massive financial crisis, with a run on banks causing panic among depositors. J.P. Morgan, the man, stepped in to provide crucial capital and prevent the system from total collapse.
TOPICS AND TIMESTAMPS:
Recent Growth 0:00
Past Influence 5:46
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#money #inflation #investing #jpmorgan
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