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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 Reserve's founding. A comprehensive collection of bank- level data shows that most gains occurred …
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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 Reserve's founding. A comprehensive collection of bank- level data shows that most gains occurred …
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