I like history of economy. For example :The Federal Reserve, also known as the "Fed," is the central bank of the United States. It was created by Congress in 1913 to provide the country with a safer, more flexible, and more stable monetary and financial system.The Fed is responsible for implementing monetary policy in the United States, which involves setting interest rates and controlling the money supply to achieve its objectives of maximum employment, stable prices, and moderate long-term interest rates. It also supervises and regulates banks and other financial institutions to ensure the safety and soundness of the financial system.In addition to conducting monetary policy and regulating banks, the Fed also plays a critical role in the operation of the payment system, which is how individuals and businesses transfer money to each other. The Fed acts as a "banker's bank" by providing financial services to banks and other depository institutions, such as clearing checks and facilitating electronic payments (Visa, credit...).Overall, the Fed's activities are aimed at promoting a strong and stable economy that benefits all Americans.