Jump to content

Talk:Bailout/Archives/2020

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia


System rescue by private actors

National financial rescues happened before some central banks were created. In the Panic of 1907, J. P. Morgan and other banks rescued struggling banks, avoiding a system crash. The circumstances helped create the US Federal Reserve Central Bank. TGCP (talk) 17:19, 20 June 2020 (UTC)