Talk:History of the Federal Reserve

The discussion of the United States Banking System should not be merged with the History of the Federal Reserve because the Federal Reserve is a private cartel working at odds with the best interests of the Citizens of the United States of America.209.188.44.155 (talk) 01:39, 3 August 2008 (UTC)  I agree with the previous statement. Central Banking in United States is different from History of the Federal Reserve which is pretty short. Central banking has been present in Unites States in one form or another through Land Use Banks, First and Second BUS, and Treasury. The History of Federal Reserve starts from 1913 only which is too short a time.

This article is poorly written, particularly re the opposition to the first and second banks, and the period of unchartered banks. It should be merged with the better written article "The First Bank of the United States." Such an article might be the history of banking in the US prior to the era of the Federal Reserve Bank. This would cover 1791 - 1913, and deal with the political arguments about central bank vs state banks; the role of National vs state charters; the control of money supply, provision of credit, and inadequate responses to regular financial panics up to and including the panic of 1907, which tiggered creation of a Federal Reserve Central Bank. Wkfcw (talk) 03:34, 14 October 2008 (UTC)wkfcw