| Section 15: The Fed and afterwards | Previous Section | Main Menu | Next Section |
| The Federal Reserve was created in 1913 in response to the nation's recurring banking panics. But 1913–33 was a time of great financial instability, and the creation of the Fed did not end banking problems right away. | |||
| The Fed System | The Great Depression and bank crisis in the 1930s led to reforms | ||
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| In 1933 the United States officially retreated from the gold standard | |||
 $20 Liberty head, 1904 |
 $10 Liberty head, 1904 |
 $5 Liberty head, 1907 |
 $2.50 Liberty head, 1905 |
 $20 Saint-Gaudens, 1924 |
 $10 Indian head, 1913 |
 $5 Indian head, 1912 |
 $2.50 Indian head, 1915 |
| Four U.S. gold certificates, Series 1928 | |||
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