Americas bank the epic struggle to create the federal reserve by roger lowenstein penguin 2015 the united states has not always had a central bank that regulated the amount of money and credit in the country it hated the idea of a central bank. Americas bank the epic struggle to create the federal reserve user review kirkus the story of the creation of the federal reserve in the mid 19th century american banking was antiquated and chaotic. Roger lowenstein americas bank the epic struggle to create the federal reserve new york penguin press 2015 368 pp 30 hardcover isbn 978 1 594 20549 1 reviewed for ehnet by gary richardson federal reserve bank of richmond and department of economics university of california at irvine. Roger lowensteins americas bank the epic struggle to create the federal reserve is an outstanding book on the founding of the fed accessible to the lay reader and satisfying to the expert focusing on the primary actors in bringing the fed into being and on the period of 1907 to 1914 lowenstein dispels the air of inevitability . Americas bank is an exceptionally well researched book that dives directly into this debate and describes the byzantine intellectual political and legislative processes that led to the establishment of the us federal reserve in 1913
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