The Dawn of an ‘Age of Deposits’ in the United States
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U.S. Bank deposits by individuals grew from 4% of GDP at the time of the National Banking Acts in 1863-64 to 23% by the time of the Federal Reserves founding. A comprehensive collection of bank- level data shows that most gains occurred immediately after the Acts, Specie Resumption in 1879, and the
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美国国家经济研究局创建时间：
2015-08-01
